Iran Update, May 21, 2025
An unsanctioned oil tanker that is operated by a US-sanctioned entity and has probably illicitly transported oil to the People’s Republic of China (PRC) from Iran issued a false distress call in the Strait of Hormuz on May 20.[1] The Panamanian-flagged oil tanker the Themir likely issued a distress call that claimed it had been hijacked.[2] A British maritime security firm said that the distress call occurred 51 nautical miles northwest of Bandar-e Jask, which is consistent with the Themir’s position. The firm confirmed on May 21 that the hijacking call was a false alarm.[3] It remains unclear at the time of writing why the Themir issued the false distress call, but the vessel is linked to Iranian efforts to illicitly transfer oil.[4] The United States sanctioned the Themir’s Malaysia-based owner, IMS Ltd, on February 24 for aiding the Iranian oil export network, as part of US President Donald Trump’s ”maximum pressure” policy.[5]
The Themir’s pattern of behavior suggests it may have conducted a ship-to-ship transfer at some time while off the coast of Iran.[6] Iran and the PRC use ship-to-ship transfers to obfuscate the transportation of PRC purchases of Iranian oil, and ships travel in circular holding patterns when conducting ship-to-ship transfers.[7] The Themir was in a circular holding pattern 51 nautical miles northwest of Bandar-e Jask Port on the southern coast of Iran at the time of the distress call, according to maritime data.[8] The ship and its two sister ships—the Peterpaul and the Chamtang—have regularly sailed between the Gulf of Oman and the PRC.[9] Both the Peterpaul and the Chamtang are sanctioned for illicit transfers of Iranian oil to the PRC.[10] The ships usually enter circular holding patterns in the Gulf of Oman before sailing eastwards to PRC ports. Circular holding patterns can indicate that the ships are executing ship-to-ship transfers.[11] The Themir also previously travelled from the Gulf of Oman to the PRC’s biggest oil offloading port, Shandong Port, in September 2024.[12] The US Treasury Department recently sanctioned refineries in Shandong for importing billions of dollars in Iranian oil.[13] The Themir has also travelled along similar routes as its two sanctioned sister ships from near Bandar-e-Jask Port to eastern PRC through the Gulf of Oman and Malacca Strait five times since January 2024, suggesting that the Themir has previously illicitly transported Iranian oil to the PRC.[14]








