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Sanctions Containers Risk and Compliance

SeaLead winds up operations after US sanctions over Iran links

  • SeaLead entered voluntary liquidation, weeks after the US added the carrier to its sanctions list for links to an Iranian adviser’s son
  • The company’s fleet has collapsed from over 200,000 teu to under 10,000 teu since Ofac sanctioned 16 of its chartered vessels a year ago
  • Of the 16 sanctioned ships, at least eight remain operational, with two having switched to the Iranian flag, according to Lloyd’s List Intelligence data

  • News

SeaLead has entered liquidation a year after US sanctions over Iran links stripped the Singapore carrier of most of its fleet

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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