US Treasury Deals Iranian Sanctions Buster SeaLead an Exemplary Blow
In late July, Singapore and Dubai-based SeaLead Shipping filed for voluntary liquidation. The company had long been a target of the United States for sanction busting, but it is a more involved tale, highlighting the depth of the Iranian schemes. The U.S. Treasury first sanctioned 20 SeaLead entities and 10 vessels in July 2025, following up with further sanctions in April 2026 and a killer last-tightening on July 14. SeaLead’s container line, which had carried 200,000 TEU on 52 chartered...
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