XANTHOS EOS

During the period of the G7+ oil embargo and the price cap policy on russian crude oil/oil products, 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. The tanker called at a russian port, where the price of oil is constantly trading above the upper limit of the price cap.
The international public organization Greenpeace refers to the tanker as part of the shadow fleet of tankers transporting russian oil around the world and threatening the environment.
The tanker is affiliated with the sanctioned company Global Industrial and Engineering Supply Ltd as the previous owner and operator of the vessel, which was sanctioned by USA in 2020 for supplying 300 metric tons of graphite to an Iranian sanctioned company, which is critical for Iran's metallurgical industry.
Since January 2022, the tanker has been owned and operated by Merluza Group 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 the vessel, which is considered to be part of the shadow fleet, as a property in which Merluza Group Limited has an interest.
On February 24, 2025, as part of the restrictions on the russian shadow fleet, the EU imposed sanctions on the tanker for transporting crude oil/oil products originating in or exported from russia using irregular and high-risk shipping practices as specified in the International Maritime Organization General Assembly resolution A.1192 (33); promoting or supporting actions/policies aimed at the exploitation, development or expansion of the energy sector in russia, including energy infrastructure (sanctions will enter into force on February 25, 2025).