U.S. Department of the Treasury announced on Wednesday, that it imposed sanctions on a shipping company it accused of facilitating the transfer of Iranian commodities linked to a Houthi sanctioned affiliate.
The measures against the firm Vishnu Inc, registered in the Marshall Islands, explained that one of its vessels (the LADY SOFIA) is involved in "illicit shipments in support of Iran's Islamic Revolutionary Guard Corps-Quds Force (IRGC-QF) and Houthi financial facilitator Sa'id al-Jamal, who is sanctioned under U.S. counterterrorism authorities".
As a result of today’s action, all property and interests in property of the designated person described above that are in the United States or in the possession or control of U.S. persons are blocked and must be reported to the Treasury’s Office of Foreign Assets Control (OFAC).
The sanctions come as the U.S. pushes to curb Houthi rebels attacks on shipping lanes in the Red Sea.