LEXI

The tanker is engaged in ship-to-ship transfers to transport millions of barrels of Iranian crude oil.
Many tankers involved in transporting Iranian oil to countries such as China are also involved in Venezuelan trade, including tanker IMO 9203277. On June 11, 2022, Venezuelan leader Nicolás Maduro and former Iranian President Ebrahim Raisi signed a 20-year cooperation agreement to expand ties in the oil and petrochemical industries, as well as in the military and economic spheres. Since then, bilateral ties have begun to develop. Most cargo is transported by ships belonging to the sanctioned National Iranian Tanker Company (NITC) in both directions. A significant number of ships flying under foreign (non-Iranian) flags are also involved in this trade.
On March 13, 2025, USA imposed sanctions on Sea Services Providers NV (Suriname), the owner and manager of the tanker, in connection with the company's activities in the petroleum sector of the Iranian economy.
On March 13, 2025, USA imposed sanctions on the tanker as a property in which Sea Services Providers NV has an interest.