On January 20th, the Treasury Department's Office of Foreign Assets Control designated 10 shipping companies and three individuals affiliated with the Islamic Republic of Iran Shipping Lines. The action targeted Islamic Republic of Iran Shipping Lines' operations in the United Arab Emirates, Singapore, China, and the United Kingdom. Treasury Department Press Release.
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Treasury Department designates shipping companies affiliated with Iran
- Winston & Strawn LLP
- Iran, USA
- June 27 2011
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How Yee Loh
In-house Counsel
Kuok Group