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International Shipping
US sanctions 3 shipping firms for dealing with Houthis
Date:2025-05-07 Readers:
THE United States has sanctioned three vessels and their owners for delivering refined petroleum to a Houthi-controlled port in Yemen, the US Treasury announced, reports the Jerusalem Post.



Such sanctions involve freezing any US-based assets and prohibiting Americans engaging in transactions with them.


"Today's action underscores our commitment to disrupt the Houthis' efforts to fund their dangerous and destabilising attacks in the region," said deputy Treasury Secretary Michael Faulkender.


"Treasury will continue to leverage our tools and authorities to target those who seek to enable the Houthis' ability to exploit the people of Yemen and continue their campaign of violence."


Sending petroleum to the HouthisMarshall Islands-registered Zaas Shipping & Trading Co. (Zaas Shipping), Mauritius-registered Bagsak Shipping Inc, and the Marshall Islands-registered Great Success Shipping Co were said to have delivered the petroleum to the Houthi-controlled port of Ras Isa.


Treasury claimed Zaas Shipping used the San Marino-flagged Tulip BZ to deliver the petroleum on behalf of Iran, while Bagsak Shipping Inc was said to have delivered the product using the Panama-flagged Maisan.


The Iran-backed Houthi insurgents has targeted international shipping and launched multiple attacks against Israel and US interests in the Middle East.



https://www.shippingazette.com/news?news_id=9250500000094

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