On 18 November, Radio Free Asia claimed that the Iranian state shipping routes are continuing to evade US sanctions by operating via a complex network of companies and subsidiaries registered in Hong Kong, dozens of which are traceable to a purported individual in Shanghai named on publicly available records as Shen Yong. It had earlier linked Shen Yong to 4 shipping companies registered in Hong Kong that were named as having done business with the IRISL. It now says that further investigations have shown that Shen Yong is named on the records of some 37 companies registered in Hong Kong, which between them control at least 10 ocean-going container vessels and 5 oil tankers. Most are connected in some way with IRISL.
https://www.rfa.org/english/news/china/hongkong-iran-11182020174050.html
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