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Krape Myrtle Co Ltd

On the SDN listEntityVENEZUELA-EO13850

Krape Myrtle Co Ltd (entity) is on the Specially Designated Nationals (SDN) list of the U.S. Treasury Office of Foreign Assets Control (OFAC). Program: VENEZUELA-EO13850. 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 Zhoushan, Zhejiang 316100 are listed below.

Sanctions program

Venezuela: economic sectors (Executive Order 13850) VENEZUELA-EO13850

November 2018 order that allows sanctions on those operating in sectors of Venezuela's economy such as gold and oil, or involved in corruption with the Government of Venezuela.

Addresses on file

  • 149 Donggang Jiedao, Putuo Qu, Zhoushan, Zhejiang 316100, China
  • Rm D5 5/F King Yip Fty Bldg, 59 King Yip St, Kwun Tong, Kowloon, Hong Kong, China

OFAC remarks

Identification Number IMO 6342210; Registration Number 74094750 (Hong Kong) issued 31 May 2022.

Other sanctioned entities in Zhoushan, Zhejiang 316100

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

Frequently asked questions

What does it mean that Krape Myrtle Co Ltd 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 Krape Myrtle Co Ltd?

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.