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Reach Shipping Lines Hong Kong Co., Limited

On the SDN listEntityIFCA

Reach Shipping Lines Hong Kong Co., Limited (entity) is on the Specially Designated Nationals (SDN) list of the U.S. Treasury Office of Foreign Assets Control (OFAC). Program: IFCA. Addresses on file in: China. Its property under U.S. jurisdiction is blocked and U.S. persons are generally prohibited from dealing with it.

China has 935 entities, vessels or aircraft with an address on the SDN list, ranking #3 among all countries. Other sanctioned entities with an address in Hong Kong are listed below.

Sanctions program

IFCA IFCA

OFAC sanctions program identified by the tag IFCA. Its scope and legal basis are described on the sanctions programs page of OFAC's website.

Also known as

  • REACH SHIPPING LINES · aka

Addresses on file

  • Unit 2508A 25/F Bank of America Tower 12 Harcourt Rd, Central Hong Kong, Hong Kong, China
  • RM3403, Qingdao International Finance Center Hongkong MD Road, Qingdao, China

OFAC remarks

Executive Order 13846 information: LOANS FROM UNITED STATES FINANCIAL INSTITUTIONS. Sec. 5(a)(i); alt. Executive Order 13846 information: FOREIGN EXCHANGE. Sec. 5(a)(ii); alt. Executive Order 13846 information: BANKING TRANSACTIONS. Sec. 5(a)(iii); alt. Executive Order 13846 information: BLOCKING PROPERTY AND INTERESTS IN PROPERTY. Sec. 5(a)(iv); alt. Executive Order 13846 information: BAN ON INVESTMENT IN EQUITY OR DEBT OF SANCTIONED PERSON. Sec. 5(a)(v); C.R. No. 2720944 (Hong Kong); a.k.a. 'REACH SHIPPING'.

Other sanctioned entities in Hong Kong

Sharing a city does not imply any link between these entities.

Frequently asked questions

What does it mean that Reach Shipping Lines Hong Kong Co., Limited is on the SDN list?

It means that its property and interests in property under U.S. jurisdiction are blocked and U.S. persons are generally prohibited from dealing with this entity. Entities it owns 50% or more of, directly or indirectly, are also considered blocked.

Can a non-U.S. company do business with Reach Shipping Lines Hong Kong Co., Limited?

OFAC sanctions bind U.S. persons and companies, as well as transactions that pass through the U.S. financial system (for example, U.S. dollar payments). Some programs, such as those for Russia and Iran, include secondary sanctions on non-U.S. persons. Seek advice before transacting.

How does an entity get removed from the SDN list?

A sanctioned party can petition OFAC for removal by showing a change in circumstances. OFAC publishes removals on its website; DataCloud USA updates the list daily and marks the profiles of delisted parties.

More context: how to check if a company is debarred or sanctioned.