The United States is sanctioning six Chinese entities and two individuals over business relations with Iranian shipping company IRISL and its subsidiary Hafez Darya Arya Shipping Company (HDASCO).
The State Department designated IRISL and IRISL’s Shanghai-based subsidiary, E-Sail Shipping Company Ltd., in June 2020 on the grounds of reported proliferation-related conduct.
IRISL has been accused that it “repeatedly transported” items related to Iran’s ballistic missile and military programs and other proliferation-sensitive items.
Source: World Maritime News