Roxette Maritime Shipping and Trading
Panamanian ship manager sanctioned by OFAC over alleged Iranian petrochemical trade.
OFAC designated Roxette Maritime Shipping and Trading on 21 October 2026 and identified seven managed vessels as blocked property, citing alleged Iranian petrochemical and steel cargoes.
Last refreshed: 22 October 2026 · Appears in 1 active topic
Why did OFAC block vessels managed by Roxette?
Timeline for Roxette Maritime Shipping and Trading
Treasury sanctions a Panama law firm
Iran Conflict 2026Background
Roxette Maritime Shipping and Trading S.A. is a Panamanian ship manager and operator with an office recorded in Piraeus. Its IMO company number is 6385886. OFAC also records Panamanian taxpayer number 155731846-2-2023 and an establishment date of 3 January 2023.
Ship managers coordinate the commercial and operational work needed to keep vessels trading, while legal ownership can sit with separate companies. The European Commission's shipping-company list uses the shortened name Roxette Maritime SHPG & TRDG and links it to the same IMO company number. Both names therefore identify the Panamanian company operating from Piraeus. Its role can include managing several vessels for different registered owners, a common arrangement that separates day-to-day fleet operations from the corporate ownership of each ship.
Seven managed vessels become blocked property
On 21 October 2026, OFAC designated Roxette Maritime Shipping and Trading under Executive Order 13902. It identified Anemos, Destiny, Flamingo 1, Gloris, Harmony, Pride and Prince as blocked property in which Roxette had an interest. Treasury alleged that Anemos, Gloris and Pride had carried Iranian-origin petrochemicals or steel during the preceding year.
For Roxette, the action reaches beyond the company record to the seven ships it managed or operated. Those links are OFAC's regulatory findings, while the cargo claims remain Treasury allegations.
Seven managed vessels become blocked property
Why did OFAC sanction Roxette Maritime?
Reference
Was Roxette Maritime convicted of a crime?
Written with AI from Lowdown's published reporting. Not individually reviewed by an editor. Updated 22 October 2026. Editorial standards.