[Federal Register Volume 79, Number 178 (Monday, September 15, 2014)]
[Notices]
[Pages 55071-55072]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-21901]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control


Update of Entities and Vessels Identified Pursuant to the Iranian 
Transactions and Sanctions Regulations and Executive Order 13599

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Notice.

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SUMMARY: The Treasury Department's Office of Foreign Assets Control 
(``OFAC'') is publishing updated information of eight entities and 
eight vessels previously identified as the Government of Iran or as 
property of the Government of Iran under the Iranian Transactions and 
Sanctions Regulations (the ``ITSR''), 31 CFR Part 560, and Executive 
Order 13599, and has revised the entries on OFAC's list of Specially 
Designated Nationals and Blocked Persons to reflect the new 
information.

DATES: The updates made by the Director of OFAC of the entities and 
vessels identified in this notice, pursuant to the ITSR and Executive 
Order 13599, are effective on July 29, 2014.

FOR FURTHER INFORMATION CONTACT: Assistant Director, Sanctions 
Compliance and Evaluation, Office of Foreign Assets Control, Department 
of the Treasury, Washington, DC 20220, Tel.: 202/622-2490.

SUPPLEMENTARY INFORMATION: 

Electronic and Facsimile Availability

    This document and additional information concerning OFAC are 
available from OFAC's Web site (www.treas.gov/ofac) or via facsimile 
through a 24-hour fax-on-demand service, Tel.: 202/622-0077.

Background

    On February 5, 2012, the President issued Executive Order 13599, 
``Blocking Property of the Government of Iran and Iranian Financial 
Institutions'' (the ``Order''). Section 1 (a) of the Order blocks, with 
certain exceptions, all property and interests in property of the 
Government of Iran, including the Central Bank of Iran, that are in the 
United States, that hereafter come within the United States, or that 
are or hereafter come within the possession or control of any United 
States person, including any foreign branch.
    Section 7(d) of the Order defines the term ``Government of Iran'' 
to mean the Government of Iran, any political subdivision, agency, or 
instrumentality

[[Page 55072]]

thereof, including the Central Bank of Iran, and any person owned or 
controlled by, or acting for or on behalf of, the Government of Iran.
    The ITSR implements Section 1(a) of the Order. Section 560.304 of 
the ITSR defines the term ``Government of Iran'' to include: ``(a) The 
state and the Government of Iran, as well as any political subdivision, 
agency, or instrumentality thereof, including the Central Bank of Iran; 
(b) Any entity owned or controlled directly or indirectly by the 
foregoing; (c) Any person to the extent that such person is, or has 
been, since the effective date, acting or purporting to act, directly 
or indirectly, on behalf of any of the foregoing; and (d) Any other 
person determined by the Office of Foreign Assets Control to be 
included within [ (a) through (c)].'' Section 560.313 of the ITSR 
further defines an ``entity owned or controlled by the Government of 
Iran'' to include ``any corporation, partnership, association, or other 
entity in which the Government of Iran owns a 50 percent or greater 
interest or a controlling interest, and any entity which is otherwise 
controlled by that government.''
    On July 29, 2014, the Director of OFAC identified amended address 
information of eight entities and new names and/or flagging information 
of eight vessels previously identified as the Government of Iran or 
property in which the Government of Iran has an interest that are 
blocked pursuant to the Order and the ITSR and, accordingly, revised 
the entries on OFAC's list of Specially Designated Nationals and 
Blocked Persons to reflect the new information.
    The listing for these entities and vessels is as follows:

Entities

    1. GRACE BAY SHIPPING INC, Care of Sambouk Shipping FCZ, 1st 
Floor, FITCO Building No 3, Inside Fujairah Port, PO Box 50044, 
Fujairah, United Arab Emirates; Trust Company Complex, Ajeltake 
Road, Ajeltake Island, Majuro MH96960, Marshall Islands; Additional 
Sanctions Information--Subject to Secondary Sanctions [IRAN].
    2. MONSOON SHIPPING LTD, Care of Sambouk Shipping FCZ, Office 
101, 1st Floor, FITCO Building No 3, Inside Fujairah Port, PO Box 
50044, Fujairah, United Arab Emirates; Valletta, Malta; Trust 
Company Complex, Ajeltake Road, Ajeltake Island, Majuro MH96960, 
Marshall Islands; Additional Sanctions Information--Subject to 
Secondary Sanctions [IRAN].
    3. BLUE TANKER SHIPPING SA, Care of Sambouk Shipping FCZ, Office 
101, 1st Floor, FITCO Building No 3, Inside Fujairah Port, PO Box 
50044, Fujairah, United Arab Emirates; Majuro MH, Marshall Islands; 
Liberia; Additional Sanctions Information--Subject to Secondary 
Sanctions [IRAN].
    4. GARBIN NAVIGATION LTD, Care of Sambouk Shipping FCZ, Office 
101, 1st Floor, FITCO Building No 3, Inside Fujairah Port, PO Box 
50044, Fujairah, United Arab Emirates; 80 Broad Street, Monrovia, 
Liberia; Additional Sanctions Information--Subject to Secondary 
Sanctions [IRAN].
    5. KONING MARINE CORP, Care of Sambouk Shipping FCZ, Office 101, 
1st Floor, FITCO Building No 3, Inside Fujairah Port, PO Box 50044, 
Fujairah, United Arab Emirates; 80 Broad Street, Monrovia, Liberia; 
Additional Sanctions Information--Subject to Secondary Sanctions 
[IRAN].
    6. JUPITER SEAWAYS SHIPPING, Care of Sambouk Shipping FCZ, 
Office 101, 1st Floor, FITCO Building No 3, Inside Fujairah Port, PO 
Box 50044, Fujairah, United Arab Emirates; 80 Broad Street, 
Monrovia, Liberia; Additional Sanctions Information--Subject to 
Secondary Sanctions [IRAN].
    7. HERCULES INTERNATIONAL SHIP, Care of Sambouk Shipping FCZ, 
Office 101, 1st Floor, FITCO Building No 3, Inside Fujairah Port, PO 
Box 50044, Fujairah, United Arab Emirates; 80 Broad Street, 
Monrovia, Liberia; Additional Sanctions Information--Subject to 
Secondary Sanctions [IRAN].
    8. HERMIS SHIPPING SA, Care of Sambouk Shipping FCZ, Office 101, 
1st Floor, FITCO Building No 3, Inside Fujairah Port, PO Box 50044, 
Fujairah, United Arab Emirates; Panama City, Panama; Monrovia, 
Liberia; Additional Sanctions Information--Subject to Secondary 
Sanctions [IRAN].

Vessels

    9. BRIGHT (f.k.a. ZAP) Crude Oil Tanker Mongolia flag; Former 
Vessel Flag Liberia; Vessel Registration Identification IMO 9005235 
(vessel) [IRAN].
    10. CARIBO (f.k.a. NEREYDA) Crude Oil Tanker Panama flag; Vessel 
Registration Identification IMO 9011246 (vessel) [IRAN].
    11. HUMANITY (f.k.a. OCEAN NYMPH) Crude Oil Tanker Mongolia 
flag; Former Vessel Flag Panama; Vessel Registration Identification 
IMO 9180281 (vessel) [IRAN].
    12. ATLANTIC (f.k.a. SEAGULL) Crude Oil Tanker Liberia flag; 
Vessel Registration Identification IMO 9107655 (vessel) [IRAN].
    13. DESTINY (f.k.a. ULYSSES 1) Crude Oil Tanker Mongolia flag; 
Former Vessel Flag Liberia; Vessel Registration Identification IMO 
9177155 (vessel) [IRAN].
    14. AURA (f.k.a. OCEAN PERFORMER) Crude Oil Tanker Mongolia 
flag; Former Vessel Flag Liberia; Vessel Registration Identification 
IMO 9013749 (vessel) [IRAN].
    15. BICAS (f.k.a. GLAROS) Crude Oil Tanker Liberia flag; Vessel 
Registration Identification IMO 9077850 (vessel) [IRAN].
    16. ORIENTAL (f.k.a. LEYCOTHEA) Crude Oil Tanker Unknown flag; 
Former Vessel Flag Panama; Vessel Registration Identification IMO 
9183934 (vessel) [IRAN].

    Dated: September 8, 2014.
Adam J. Szubin,
Director, Office of Foreign Assets Control.
[FR Doc. 2014-21901 Filed 9-12-14; 8:45 am]
BILLING CODE 4810-AL-P