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Notice2021-050512021-03-11

Notice of Department of State Sanctions Action Pursuant to the Iran Freedom and Counter-Proliferation Act of 2012 (IFCA)

State Department

Abstract

On October 19, 2020, Secretary of State Michael R. Pompeo determined that each of Reach Holding Group (Shanghai) Company Ltd., Reach Shipping Lines, Delight Shipping Co., Ltd., Gracious Shipping Co. Ltd., Noble Shipping Co. Ltd., and Supreme Shipping Co. Ltd. met the criteria for sanctions set forth in section 1244(d)(1)(A) of the Iran Freedom and Counter-Proliferation Act of 2012 (IFCA), and selected sanctions described in section 6(a) of the Iran Sanctions Act of 1996 (ISA) to be imposed with respect to these persons. On the same date, Secretary Pompeo also determined that Eric Chen is a principal executive officer, or person performing similar functions and with similar authorities, of Reach Holding Group (Shanghai) Company Ltd. and Reach Shipping Lines, and that Daniel Y. He is a principal executive officer, or person performing similar functions and with similar authorities, of Reach Holding Group (Shanghai) Company Ltd. for the purposes of section 6(a)(11) of ISA, and selected sanctions described in section 6(a) of ISA to be imposed with respect to these persons.

Action & Dates

Action
Notice of sanctions action.
Dates
The Secretary of State's determinations and selection of certain sanctions to be imposed upon the entities and individuals identified in the SUPPLEMENTARY INFORMATION section were effective on October 19, 2020.
Effective Date
2020-10-19

Document Excerpt

Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Department of State [Public Notice 11363] AGENCY: Department of State. ACTION: Notice of sanctions action. SUMMARY: On October 19, 2020, Secretary of State Michael R. Pompeo determined that each of Reach Holding Group (Shanghai) Company Ltd., Reach Shipping Lines, Delight Shipping Co., Ltd., Gracious Shipping Co. Ltd., Noble Shipping Co. Ltd., and Supreme Shipping Co. Ltd. met the criteria for sanctions set forth in section 1244(d)(1)(A) of the Iran Freedom and Counter-Proliferation Act of 2012 (IFCA), and selected sanctions described in section 6(a) of the Iran Sanctions Act of 1996 (ISA) to be imposed with respect to these persons. On the same date, Secretary Pompeo also determined that Eric Chen is a principal executive officer, or person performing similar functions and with similar authorities, of Reach Holding Group (Shanghai) Company Ltd. and Reach Shipping Lines, and that Daniel Y. He is a principal executive officer, or person performing similar functions and with similar authorities, of Reach Holding Group (Shanghai) Company Ltd. for the purposes of section 6(a)(11) of ISA, and selected sanctions described in section 6(a) of ISA to be imposed with respect to these persons. DATES: The Secretary of State's determinations and selection of certain sanctions to be imposed upon the entities and individuals identified in the SUPPLEMENTARY INFORMATION section were effective on October 19, 2020. ( printed page 13957) FOR FURTHER INFORMATION CONTACT: Office of Counterprolifer

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Full Document

Citation: 86 FR 13956