SINGAPORE - At least 10 entities tied to Singapore’s maritime industry have been sanctioned by the United States over allegations of links to the Iranian oil trade.
They are part of a list of more than 70 individuals, entities and vessels worldwide who the US Department of State and US Treasury in October and November accused of being involved in the trade of Iranian petroleum and petrochemical products, and facilitating the shipment of oil and liquified petroleum gas (LPG) from Iran to overseas end users.
The US government said that the activities “generate hundreds of millions of dollars of revenue for the Iranian regime”.
“The designations include some of the largest buyers of Iranian petrochemical products by volume and value, as well as the leadership of the companies involved in the trade,” the US government said.
The latest list of entities sanctioned, announced on Nov 20, include three based in Singapore.
They are maritime service provider Strasse Link, its managing director Mr Fadzlon Ahmad and senior operations manager Mr Muhammad Danial Fadzlon. Both Mr Fadzlon and Mr Danial are Singaporeans.
Strasse Link is accused of providing pilot services to Iranian-backed tankers on 13 occasions between Jan 1 and Aug 1. The tankers, which were carrying Iranian crude oil through the Straits of Malacca, later discharged the oil through ship transfers in waters just out of Singapore’s port limits.
Mr Fadzlon and Mr Danial are accused of knowingly engaging in significant transactions for the transporting of Iranian petroleum. Altogether, they allegedly enabled the transfer of more than 20 million barrels of Iranian crude oil.
ST has reached out to Strasse Link, Mr Fadzlon and Mr Danial for comments.
The sanctions follow US President Donald Trump’s vow to restore “maximum pressure” on the Iran government and regime.
On Feb 4, Mr Trump signed a national securi...


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