Authorities revealed that the Revolutionary Guard Corps of Iran together with its Quds Force which is working externally continues to ship hundreds of millions of oil. These groups are using illegal networks in order to process their shipping. This is after the Washington has already imposed a maximum pressure sanctions on the government of Iran. Not to mention the number of government officials and corporate owners that was already put under the blacklist. In connection with this, the shipping industry including FTL dedicated truckload freight has been warned not to be a part of these illicit activities.
According to the Treasury Department of the United States, their office in Washington is already busy working in order to crack down these operations. It has also sent a warning to the maritime industry to be cautious when it comes to dealing with entities or regimes that are considered to be terror sponsors by the country. Those who are found to be guilty will have to face harsh consequences.
United State’s Treasury Department’s under secretary in-charge of terrorism and financial intelligence, Sigal Mandelker, said that during their trip to Abu Dhabi they make sure to remind the maritime industry of the warning and to place high alert for these types of transactions. This is something they put top importance to because it concerns national security. It is the maritime industry’s responsibility to monitor vessels that are suspicious of being in contact with regimes. It does not matter if they are making dealswith North Korea, Venezuela or Iran because these are all considered regimes and should not be meddled with.
The warning came after the revelation that the department discovered 37 entities placed under suspicion of involving with illegal trades with the Quds Force of Iran. Should they be found guilty, they will no longer be able to transact with anyone in the United States and all of their assets within the country will be frozen. Their funding sources from other nations will also be cut. While shipping companies such as FTL dedicated truckload freight are less likely to get involved, the warning still serves as a reminder for everyone in the shipping industry.