WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is designating and identifying as blocked property a dozen persons and vessels, respectively, that have played a critical role in financing the Houthis’ destabilizing regional activities as part of the network of Sa’id al-Jamal.
Today’s action includes Indonesia-based Malaysian and Singaporean national Mohammad Roslan Bin Ahmad and People’s Republic of China (PRC)-based Chinese national Zhuang Liang, who have facilitated illicit shipments and engaged in money laundering for the network.
Sa’id al-Jamal’s network continues to provide tens of millions of dollars in revenue to the Houthis in Yemen through its shipment of Iranian commodities, including oil, a funding stream underpinning the Houthis’ ongoing attacks against commercial shipping in the Red Sea.
This action targets numerous aspects of this illicit network across the spectrum of its operations, from clients and facilitators to insurance providers, vessels, and ship management firms.
Marshall Islands-registered and UAE-based Barco Ship Management Inc (Barco) is the ship manager and commercial manager of multiple vessels, including the Panama-flagged WANJI (IMO: 9215103), which has been utilized by Sa’id al-Jamal’s network for illicit shipments to the UAE worth tens of millions of dollars.
Barco additionally manages and operates the Panama-flagged vessel OCEANIC II (IMO: 9275995) and the Panama-flagged vessel TIREX (IMO: 9203772).
Like Barco, the Marshall Islands-registered Sea Knot Shipping Inc. has used the vessel MIROVA DYNAMIC (IMO: 9237618) to transport illicit shipments worth tens of millions of dollars for Sa’id al-Jamal
Barco and Sea Knot Shipping Inc. are being designated pursuant to E.O. 13224, as amended, for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, Sa’id al-Jamal.
The WANJI, OCEANIC II, and TIREX are being identified as blocked property in which Barco has an interest. MIROVA DYNAMIC is being identified as blocked property in which Sea Knot Shipping Inc. has an interest.
UAE-based Alpha Shine Marine Services L.L.C is the ship manager of the Panama-flagged vessel KASPER (IMO: 9293143), which has been used by the Sa’id al-Jamal network to facilitate millions of dollars’ worth of illicit trade under forged shipping documents.
Alpha Shine Marine Services L.L.C is being designated pursuant to E.O. 13224, as amended, for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, Sa’id al-Jamal.
The KASPER is being identified as blocked property in which Alpha Shine Marine Services L.L.C has an interest.
