Finance & markets · 06/09/2011Updated: 10/17/2026 · 1 min read
OFAC Removes Vessel Linked to IRISL from Specially Designated Nationals List
Summary
The US Treasury Department's Office of Foreign Assets Control (OFAC) has lifted sanctions on a vessel previously linked to the Islamic Republic of Iran Shipping Lines (IRISL), removing it from the list of Specially Designated Nationals and Blocked Persons. This decision comes after a review of the vessel's activities in relation to the IRISL, which was subject to US economic sanctions under Executive Order 13382.