HUIHAI ATLANTIC

The tanker is engaged in the transportation of russian crude oil/oil products from russian ports, in particular in the Pacific region, mainly to China, during the period of the G7+ oil embargo and price cap policy on russian crude oil/oil products. The vessel called at a russian port, where the price of oil was constantly trading above the price cap.
The vessel is affiliated with Huihai Hong Kong Shipping Co Limited, which was sanctioned by USA on January 10, 2025 for its activities in the energy sector of the russian economy.
On January 10, 2025, USA imposed sanctions on a vessel considered to be part of the shadow fleet as a property in which Huihai Hong Kong Shipping Co Limited has an interest.
On May 20, 2025, the EU imposed sanctions, which will enter into force on May 21, 2025, on the tanker for the transportation of crude oil/petroleum products originating in or exported from russia, using irregular high-risk shipping practices as specified in the International Maritime Organization General Assembly Resolution A.1192(33).
On June 03, 2025, the sanctions imposed by Switzerland on the vessel came into force.