BELGOROD

The tanker is involved in the transportation of russian crude oil/oil products during the period of the G7+ oil embargo and price cap policy on russian crude oil/oil products.
The tanker is affiliated through related companies with the sanctioned PJSC Sovcomflot, the largest state-owned shipping company in russia that services and supports offshore hydrocarbon production, transportation of russian crude oil, oil products, and liquefied natural gas. The major charterers of PJSC Sovcomflot's vessels are russia's largest oil and gas companies and traders. PJSC Sovcomflot is involved in servicing major oil and gas projects in russia: Sakhalin-1, Sakhalin-2, Varandey, Prirazlomnoye, Novy Port, Yamal LNG and others. After the sanctions were imposed, PJSC Sovcomflot transferred dozens of vessels to the ownership of companies it had set up, including in foreign jurisdictions, and began the practice of constantly 'juggling' (transferring) vessels to related companies. According to expert estimates, the tankers 're-registered' by PJSC Sovcomflot to related companies are part of the so-called 'shadow tanker fleet' of the russian federation to continue selling russian crude oil, oil products, and liquefied natural gas under Western sanctions.
In February 2024, USA imposed sanctions on a tanker affiliated with the sanctioned company PJSC Sovcomflot as part of measures to reduce russia's oil revenues.
On November 25, 2024, the United Kingdom imposed sanctions on a tanker in connection with the transportation of russian crude oil/oil products from russia to a third country as part of the restrictions on the russian shadow fleet.
On February 24, 2025, the EU imposed sanctions on a tanker associated with a sanctioned person as part of the restrictions on the russian shadow fleet (the sanctions come into force on February 25, 2025).