KARELIYA

During the period of the G7+ oil embargo and the price-cap policy on russian crude oil/oil products, the tanker is involved in the export of russian crude oil/oil products from russian ports and in violation of the price cap policy of $60 per barrel of russian crude oil.
The vessel is owned by Gallion Navigation Inc, a manager of the russian company Invest Fleet LLC, controlled by the sanctioned Sovcomflot PJSC,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 November 2023, USA imposed sanctions on three vessels (including ІМО 9306782) affiliated with the sanctioned company PJSC Sovcomflot, which were involved in the export of russian crude oil at a price of more than $60 per barrel after the price-cap policy for russian oil came into effect.
On February 24, 2025, EU imposed sanctions on a tanker associated with a sanctioned person (the sanctions come into force on February 25, 2025).
On March 04, 2025, Switzerland imposed sanctions on the tanker as a vessel associated with a sanctioned entity.