OFAC updates alias for Iran-linked Dubai shipping company
OFAC has amended the sanctions listing of a Dubai-based shipping company linked to Mohammad Hossein Shamkhani, replacing a previously recorded company alias without introducing new sanctions.
WASHINGTON, Nov. 9 — The Treasury Department's Office of Foreign Assets Control (OFAC) updated its Specially Designated Nationals (SDN) List entry for Volta Shipping Services LLC, a United Arab Emirates-based company sanctioned under Executive Order 13902.
The amendment replaces the company's previously recorded alias, Volta Shipping Services FZCO, with Volta Container Line FZCO. The primary name, Volta Shipping Services LLC, remains unchanged, along with its Dubai addresses, registration details and existing sanctions designation.
The company remains listed under the Iran-related sanctions program and is identified by OFAC as linked to Mohammad Hossein Shamkhani. Its listing continues to carry a secondary sanctions risk reference under Section 2 of Executive Order 13902.
OFAC originally designated Volta Shipping Services LLC on July 14, 2026, as part of a broader sanctions package targeting more than 50 individuals, entities and vessels associated with Shamkhani's shipping network. Treasury alleged that Volta and other container shipping companies facilitated shipments of legitimate and illicit cargo to and from Iran, including shipments involving the Houthis in Yemen.
The Nov. 9 amendment is limited to the company's identifying information. No new individuals or entities were designated, and the existing asset-freezing restrictions remain in force.
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