OFAC adds Panama-linked individuals, firms and vessels to SDN List
Effective Oct. 21, 2026, the Treasury blocks property of listed parties and bars U.S. persons from transactions.
The Office of Foreign Assets Control issued a sanctions notice on October 21, 2026, published in Federal Register Volume 91, No. 205, pages 67390-67392 (FR Doc No: 2026-21733). All property and interests in property subject to U.S. jurisdiction of the listed parties are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.
The notice lists individuals, including KARNAKIS KOSMAS, Ioanis; KARNAKIS KOSMAS, Konstantinos; ORTEGA JONES, Pedro; ORTEGA JONES, Roberto; and KARNAKIS KOSMAS, Sofianos. Each was designated pursuant to section 1(a)(iv) of Executive Order 13902 for acting or purporting to act on behalf of KARNAKIS AND KARNAKIS, a person already blocked under the same order.
The notice also lists entities such as KARNAKIS AND KARNAKIS, a legal-activities firm; ROXETTE MARITIME SHIPPING AND TRADING S.A.; and AMIGOZ SINGAPORE PTE. LTD. These were designated pursuant to section 1(a)(i) of Executive Order 13902 for operating in the petroleum or petrochemical sectors of the Iranian economy.
A series of vessels is listed, including ANEMOS, GLORIS, PRIDE, DESTINY, FLAMINGO 1, HARMONY, PRINCE, WHALES DIAMOND, and WHALES PEARL. The vessels are flagged under Panama or the United Arab Emirates and are identified as property in which ROXETTE MARITIME SHIPPING AND TRADING S.A. or WHALES SHIPPING LINE LLC have an interest, designated under section 1(a)(i) of Executive Order 13902.
The SDN List and additional sanctions information are available at https://ofac.treasury.gov. For further inquiries, contact OFAC associate directors at the numbers provided in the notice.
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