The United States has imposed sanctions on ten Iranian shipping firms affiliated with the Islamic Republic of Iran Shipping Lines (IRISL), including Irano Hind, a joint venture with Shipping Corporation of India.
Announcing the sanctions, seen as part of expanded efforts to isolate Tehran, the US Department of the Treasury said Tuesday the ten sanctioned shipping and front companies and one individual based in Malta were affiliated with the IRISL.
Accusing the firms of "involvement in Iran's efforts to advance its missile programmes and transport military cargoes," the Treasury said they "have increasingly relied upon multiple front companies and agents to overcome the impact of US and international sanctions and increased scrutiny of their behaviour."
