THEA
IMO 9290309
Updated: 08.12.2024
Vessel name (international according to IMO)
THEA
Category
Transportation of fossil fuels
Transporting russian oil in violation of other restrictions
Vessel Type
Crude Oil Tanker
IMO
9290309
MMSI
352002003
Call sign
3E2173
Flag (Current)
Panama
Sanctions
The person in connection with whom sanctions have been applied
Provide additional information
Justification
Vessel information
During the period of the G7 and EU oil embargo on russian crude oil, the tanker has been involved in exporting russian oil to third countries from russian ports in the Baltic and Black Seas.
The vessel is certified by Nippon Kaiji Kyokai (IACS).
The international non-governmental organization Greenpeace refers to the tanker as a shadowy fleet of tankers that transport russian oil around the world and threaten the environment.
Oil exports from russia are the most important source of income for the regime of the aggressor country to finance the war against Ukraine. From February 2022 to November 22, 2024, russia earned almost 546 billion euros in revenues from oil exports (69% of all revenues from fossil fuel exports). In 2023, about a third of all tax revenues in russia came from the sale of oil and gas. The tax on oil production collected by the russian federation in 2023 amounted to 8.9 trillion rubles, or 31% of total federal revenues. According to the CREA data for October 2024, russia's revenues from crude oil exported by sea amounted to 210 million euros per day, 83% of the total volume of russian marine crude oil was transported by “shadow” tankers, while tankers owned or insured in countries that impose price restrictions accounted for 17% of the total value of russian oil exported in October.
Under the sanctions, russia has begun to build up its own shadow fleet of outdated tankers, which has no 'ties' with the G7 and the EU and can transport oil in violation of price caps. russia disguises its shadow activities at sea under the 'convenient' flags of third countries, operates at sea without proper insurance from the international club of insurers, uses complex schemes to conceal the owners of the shadow fleet, uses various deceptive tactics to conceal the origin of its cargo, creates threats to environmental safety with large-scale economic costs for coastal countries due to the growing threat of oil spills, does not use pilots to navigate difficult areas, etc.
russia's 'shadow fleet' continues to provide multibillion-dollar revenues for the kremlin bypassing sanctions, disguising its activities under the flags of third countries, using complex schemes to conceal owners, and poses significant environmental threats with significant economic costs to coastal countries and/or the international community due to the outdated and inadequate insurance of shadow fleet tankers.
On November 25, 2024, the United Kingdom imposed sanctions on a tanker in connection with the transportation of russian oil/oil products from the russian federation to a third country as part of the restrictions on the russian shadow fleet.
The vessel is certified by Nippon Kaiji Kyokai (IACS).
The international non-governmental organization Greenpeace refers to the tanker as a shadowy fleet of tankers that transport russian oil around the world and threaten the environment.
Oil exports from russia are the most important source of income for the regime of the aggressor country to finance the war against Ukraine. From February 2022 to November 22, 2024, russia earned almost 546 billion euros in revenues from oil exports (69% of all revenues from fossil fuel exports). In 2023, about a third of all tax revenues in russia came from the sale of oil and gas. The tax on oil production collected by the russian federation in 2023 amounted to 8.9 trillion rubles, or 31% of total federal revenues. According to the CREA data for October 2024, russia's revenues from crude oil exported by sea amounted to 210 million euros per day, 83% of the total volume of russian marine crude oil was transported by “shadow” tankers, while tankers owned or insured in countries that impose price restrictions accounted for 17% of the total value of russian oil exported in October.
Under the sanctions, russia has begun to build up its own shadow fleet of outdated tankers, which has no 'ties' with the G7 and the EU and can transport oil in violation of price caps. russia disguises its shadow activities at sea under the 'convenient' flags of third countries, operates at sea without proper insurance from the international club of insurers, uses complex schemes to conceal the owners of the shadow fleet, uses various deceptive tactics to conceal the origin of its cargo, creates threats to environmental safety with large-scale economic costs for coastal countries due to the growing threat of oil spills, does not use pilots to navigate difficult areas, etc.
russia's 'shadow fleet' continues to provide multibillion-dollar revenues for the kremlin bypassing sanctions, disguising its activities under the flags of third countries, using complex schemes to conceal owners, and poses significant environmental threats with significant economic costs to coastal countries and/or the international community due to the outdated and inadequate insurance of shadow fleet tankers.
On November 25, 2024, the United Kingdom imposed sanctions on a tanker in connection with the transportation of russian oil/oil products from the russian federation to a third country as part of the restrictions on the russian shadow fleet.
Cases of AIS shutdown
Unknown
Calling at russian ports
Yes
Visited ports
Jurong Island (Singapore), Mundra (India), Ras Sudr (Egypt), Tanjung Pelepas (Malaysia), Port Said (Egypt), Ust-Luga (russia), Suez (Egypt), Khor al Fakkan (UAE), Primorsk (russia), Tanjong Pagar (Singapore), Zhelezny Rog (russia), Jamnagar Terminal (India), Icdas (Turkey), Marsa Bashayer (Sudan), Rabigh (Saudi Arabia)
Available additional information
Shipowner (IMO / Country / Date)
Thea Stewart LTD (6351646 / Hong Kong / 21.10.2022)
Commercial ship manager (IMO / Country / Date)
Thea Stewart LTD (6351646 / Hong Kong / 21.10.2022)
Ship Safety Management Manager (IMO / Country / Date)
Unknown (21.10.2022)
Former ship names
Seagrace / Pacific Alliance
Flags (former)
Malta / Isle of Man
Build year
2004
Builder (country)
Hyundai Heavy Industries Co. Ltd (South Korea)
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