US Treasury Targets Vessels for Allegedly Supporting Houthis

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has targeted three vessels and their owners for allegedly providing support to the Houthis.

Marshall Islands-registered Zaas Shipping & Trading facilitated the delivery of LPG to the Houthi-controlled port of Ras Isa using the San Marino-flagged Tulip BZ. The Tulip BZ has also been used to transport petroleum products on behalf of Iran.

Mauritius-registered Bagsak Shipping facilitated the delivery of gas oil to the Houthi-controlled port of Ras Isa using the Panama-flagged Maisan. The Maisan has also been involved in the export of Russian crude oil and petroleum products from Russian ports since February 2023.

Marshall Islands-registered Great Success Shipping facilitated the delivery of gas oil to the Houthi-controlled port of Ras Isa using the Panama-flagged White Whale.

“Today’s action underscores our commitment to disrupt the Houthis’ efforts to fund their dangerous and destabilising attacks in the region,” said Deputy Secretary of the Treasury Michael Faulkender. “Treasury will continue to leverage our tools and authorities to target those who seek to enable the Houthis’ ability to exploit the people of Yemen and continue their campaign of violence.”