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In a significant move to restrict maritime operations, the US Treasury’s Office of Foreign Assets Control has officially sanctioned nine tankers associated with Iran. This action not only limits the global operational capabilities of these vessels but also raises the enforcement risk for entities doing business with them. The sanctioned tankers include the 'Cesaria', 'Longevity 7' (IMO: 9240885), 'Sea Bird' (IMO: 9088536), 'Avon' (IMO: 9034705), 'Al Diab II' (IMO: 9053816), 'Aqua Spirit' (IMO: 9197727), 'Eastern Hero' (IMO: 9353905), 'Chiron 5' (IMO: 9306665), and 'Keel' (IMO: 9176929). These vessels have been involved in the transportation of crude oil, liquefied petroleum gas (LPG), condensate, high-sulfur fuel oil (HSFO), and naphtha across East and South Asia. Notably, they have executed deliveries to various locations, including Pakistan, East Asia, the UAE, and Somalia, frequently employing ship-to-ship transfer techniques. This crackdown intensifies the United States' ongoing efforts to dismantle Iran’s elusive maritime network and restrict its sources of revenue.

In a recent transaction, a vessel has been successfully sold for $21 million to a prominent Greek shipping company, Avin. This deal further emphasizes the ongoing activity in the maritime industry and the continued interest from buyers in Greece.