Green Garden Trading Ltd is a company registered in Seychelles, and it’s been flagged as a shell company in recent US sanctions announcements. There’s another company with the same name in Canada that deals with selling lawn and garden equipment, but this Seychelles-based one is totally different—it’s tied up in maritime stuff, specifically owning or managing ships. There’s not much public info out there about its registration, which makes sense since shell companies in Seychelles tend to keep a low profile. Still, it got called out in a Treasury Imposes Additional Sanctions on Iran’s Shadow Fleet as Part of Maximum Pressure Campaign.

Ownership and Management

Green Garden Trading Ltd in Seychelles is tricky because it’s offshore company, and those are usually set up to hide who’s really behind them.we checked through business registries and sanctions lists, The US Treasury press release lays it out clearly, saying, “Seychelles-based shell companies Sunny Land Trading Ltd, Green Garden Trading Ltd, and Artemis Heart Ltd serve as the owners, managers, and operators of the LYDIA II, the AYDEN, and the FIONA, respectively,” so that ties Green Garden Trading Ltd directly to the Ayden vessel Treasury Imposes Additional Sanctions on Iran’s Shadow Fleet as Part of Maximum Pressure Campaign. But here’s where it gets interesting—vessel tracking info from places like VesselFinder says the Ayden is managed by Kali Shipping Ltd, which hints at some confusion or maybe a layered ownership deal, something you see a lot with shell companies

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Vessel Details

The Ayden vessel, IMO number 9365764 and MMSI 352002097, its a crude oil tanker built in 2008. currently sailing under the flag of Panama. The Vessel tracking data from, VesselFinder indicates it has been involved, in recent maritime activities including port calls and voyages, with its current position reported in South East Asia as of recent updates. According to the US Treasury, the vessel has transported multiple shipments of Iranian oil to refineries in the People’s Republic of China (PRC). linking it to illicit oil trade US Sanctions More of Iran’s Shadow Fleet. This activity is part of Iran’s shadow fleet using shell companies like Green Garden Trading Ltd to obfuscate ownership and evade restrictions

US Sanctions

The US has imposed sanctions on Green Garden Trading Ltd and the Ayden vessel under Executive Order 13902, targeting entities operating in Iran’s petroleum sector. The Treasury’s action, announced on February 24, 2025, is part of a broader campaign to disrupt Iran’s oil sales, which fund its nuclear program, missile development, and support for regional terrorist groups Treasury Imposes Additional Sanctions on Iran’s Shadow Fleet as Part of Maximum Pressure Campaign. The sanctions block any property or interests in property of the designated persons within the US or in the possession of US persons and prohibit transactions with them. Additional reports such as U.S. Imposes Fresh Sanctions On Iran’s Shadow Fleet & Oil Network, confirm the vessel’s role in delivering Iranian crude reinforcing the sanction rationale.

Business with Iran

The business with Iran is facilitated through the Ayden vessel’s activities specifically transporting Iranian oil. The US Treasury press release highlights that the vessel has conducted multiple shipments to PRC refineries part of a network enabling Iran to sell oil despite international sanctions. How Iran moves sanctioned oil around the world? The company’s involvement is indirect, acting through the vessel, but it is sufficient for sanction designation, as it supports Iran’s petroleum revenue generation.

Summary Table of Findings

AspectDetails
Company LocationRegistered in Seychelles, identified as a shell company
Vessel DetailsAyden, IMO 9365764, Panama-flagged crude oil tanker, built 2008
ConnectionGreen Garden Trading Ltd owns/manages Ayden, involved in Iranian oil transport
US SanctionsBoth company and vessel sanctioned under E.O. 13902 for Iran’s petroleum sector
Business with IranIndirect, through Ayden vessel transporting Iranian oil to China
Management NotePossible discrepancy, VesselFinder lists Kali Shipping Ltd as manager

This comprehensive analysis highlights the operational scope of Green Garden Trading Ltd, its integration within Iran’s shadow fleet through the Ayden vessel, and the impact of US sanctions

Key Citations


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