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Truong Phat Loc Shipping Trading Joint Stock Company

On the SDN listEntityIRAN-EO13846

Truong Phat Loc Shipping Trading Joint Stock Company (entity) is on the Specially Designated Nationals (SDN) list of the U.S. Treasury Office of Foreign Assets Control (OFAC). Program: IRAN-EO13846. Addresses on file in: Vietnam. Its property under U.S. jurisdiction is blocked and U.S. persons are generally prohibited from dealing with it.

Vietnam has 12 entities, vessels or aircraft with an address on the SDN list. Other sanctioned entities with an address in Ho Chi Minh City are listed below.

Sanctions program

Iran: reimposed sanctions (Executive Order 13846) IRAN-EO13846

August 2018 order that reimposed sanctions on Iran after the U.S. left the nuclear deal, including those related to petroleum, shipping, automotive and precious metals.

Also known as

  • CONG TY CO PHAN THUONG MAI VAN TAI BIEN TRUONG PHAT LOC · aka
  • TPL SHIPPING JSC · aka
  • TRUONG PHAT LOC SHIPPING TRDG · aka
  • TPL SHIPPING · aka

Addresses on file

  • 422, Dao Tri, District 7, Ho Chi Minh City, Vietnam
  • 422, Dao Tri, Phu Thuan Ward, Ho Chi Minh City, Vietnam

OFAC remarks

Website https://www.tplshipping.com/; Identification Number IMO 5479491; Company Number 0309613530 (Vietnam); Business Registration Number 4103015716 (Vietnam).

Other sanctioned entities in Ho Chi Minh City

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

Frequently asked questions

What does it mean that Truong Phat Loc Shipping Trading Joint Stock Company 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 Truong Phat Loc Shipping Trading Joint Stock Company?

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.