Marine vessels

On February 24, March 04, 2025 EU and Switzerland respectively 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) (EU sanctions will enter into force on February 25, 2025).

The tanker during the period of the G7+ oil embargo and the price cap policy on russian crude oil/oil products is involved in the export of russian crude oil/oil products. In January 2025, the ISM management of the tanker was transferred to Maritime Mavens LLC (Azerbaijan) from the Moldovan company BPC Shipmanagement SRL. At the same time, the security management of another tanker IMO 9424651 was transferred from BPC Shipmanagement SRL to Maritime Mavens LLC.The Moldovan company BPC Shipmanagement SRL, along with a number of other Moldovan companies, is involved in the creation of a part of the shadow fleet involved in the export of russian crude oil/oil products. The shadow tankers managed by Moldovan companies (Adel Ship Management SRL, MRK Shipmanagement SRL, BPC Shipmanagement SRL, KSN Shipmanagement SRL, OST Shipmanagement SRL, Surt Ship Management SRL, SAL Shipmanagement SRL, FLC Shipmanagement SRL) are transferred to the management of Azerbaijani companies, in particular Dream Island Shipping LLC, Ocean Voyage LLC, Tidal Tech Mariners LLC, Seafaring Savants LLC, VVave Minder Shipmanagement, Triton Technical Services LLC, Nautilus Fleet Management LLC, Harbor Harmony Shipmanagement, and others. Within the framework of restrictions on the russian shadow fleet, the United Kingdom imposed sanctions on the tanker on February 24, 2025. On February 24, March 04, 2025 EU and Switzerland respectively 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) (EU sanctions will enter into force on February 25, 2025).

The tanker is involved in the transportation of crude oil/oil products from russian ports in the Baltic Sea to third countries during the period of the G7+ oil embargo and the price cap policy on russian crude oil/oil products. The tanker is affiliated through the sanctioned companies Sun Ship Management (UAE), Oil Tankers SCF MGMT FZCO (UAE), Fornax Ship Management FZCO (UAE) with the sanctioned PJSC Sovcomflot, the largest state-owned shipping company in russia for servicing and supporting offshore hydrocarbon production, transportation of russian crude oil, oil products, and liquefied 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. Since October 2024, the tanker has been operated by Thunder Shipmanagement LLC-FZ (UAE). As of February 14, 2025, the fleet of Thunder Shipmanagement LLC-FZ consists of 21 oil tankers affiliated with the sanctioned PJSC Sovcomflot. The company's fleet includes sanctioned oil tankers, in particular ІМО 9309576, ІМО 9322968, ІМО 9309588, ІМО 9292060, ІМО 9292058, ІМО 9292034, ІМО 9276028, ІМО 9329655, ІМО 9577094 and others. After the sanctions were imposed, PJSC Sovcomflot transferred dozens of vessels to the ownership of companies it created, including in foreign jurisdictions, in order to circumvent them, and started the practice of constantly 'juggling' (transferring) vessels to related companies. Tankers 're-registered' by PJSC Sovcomflot to related companies continue to transport russian crude oil/oil products under Western sanctions. On February 24, 2025, the United Kingdom imposed sanctions on the vessel. On February 24, March 04, 2025 EU and Switzerland respectively 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) (EU sanctions will enter into force on February 25, 2025).

The tanker, during the period of the G7+ oil embargo and the price cap policy on russian crude oil/oil products, is involved in the transportation of crude oil/oil products from russian ports in the Black Sea using deceptive, high-risk practices (disabling AIS, in particular, in the Kerch Strait, Malta). The tanker is affiliated through the sanctioned companies Sun Ship Management (UAE), Oil Tankers SCF MGMT FZCO (UAE), Fornax Ship Management FZCO (UAE) with the sanctioned PJSC Sovcomflot, the largest state-owned shipping company in russia for servicing and supporting offshore hydrocarbon production, transportation of russian crude oil, oil products, and liquefied 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. Since November 2024, the tanker has been operated by Thunder Shipmanagement LLC-FZ (UAE). As of February 14, 2025, the fleet of Thunder Shipmanagement LLC-FZ consists of 21 oil tankers affiliated with the sanctioned PJSC Sovcomflot. The company's fleet includes sanctioned oil tankers, in particular IMO 9309576, IMO 9322968, IMO 9309588, IMO 9292060, IMO 9292058, IMO 9292034, IMO 9276028, IMO 9329655, IMO 9577094 and others. After the sanctions were imposed, PJSC Sovcomflot transferred dozens of vessels to the ownership of companies it created, including in foreign jurisdictions, in order to circumvent them, and started the practice of constantly 'juggling' (transferring) vessels to related companies. Tankers 're-registered' by PJSC Sovcomflot to related companies continue to transport russian crude oil/oil products under Western sanctions. 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.

The tanker is involved in the export of russian crude oil/oil products under the G7+ oil embargo, price-cap policy for russian crude oil/oil products, in particular from russian ports in the Baltic, Black Seas, including with the AIS disabled. The vessel is affiliated through the sanctioned companies Sun Ship Management (UAE), Oil Tankers SCF MGMT FZCO (UAE), Fornax Ship Management FZCO (UAE) with the sanctioned PJSC Sovcomflot, the largest state-owned shipping company in russia engaged in servicing and supporting 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. On January 10, 2025, USA imposed sanctions on the vessel. 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.

The tanker is involved in the export of russian crude oil/oil products under the G7+ oil embargo, the price-cap policy for russian crude oil/oil products, in particular from russian ports in the Pacific region, mainly to China, including with the AIS turned off. The vessel called at a russian port where the price of oil traded constantly above the price cap. The international non-governmental organization Greenpeace refers to the tanker as part of the shadow fleet of tankers transporting russian crude oil around the world and threatening the environment. The tanker is affiliated with Surrey Quays Company 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 tanker, which is considered to be part of the shadow fleet, as a property in which Surrey Quays Company Limited has an interest. On February 24, March 04, 2025 EU and Switzerland respectively 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 (EU sanctions will enter into force on February 25, 2025).

The tanker is involved in the export of russian crude oil/oil products under the G7+ oil embargo and price-cap policy for russian crude oil/oil products, including the use of deceptive practices. The vessel is affiliated with Maritas Fleet PVT LTD (India), which was the former ISM manager of the tanker. Maritas Fleet PVT LTD was founded in December 2022 in Mumbai. This company is associated with the ISM management of tankers affiliated with the sanctioned company Hennesea Holdings Limited (UAE), which shortly before the price cap policy came into force acquired 18 oil tankers transporting russian sanctioned crude oil/oil products and was sanctioned by USA for violation of the price cap. The vessel is operated by Avision Shipping Services Private Limited (IMO 6454662), which was sanctioned by USA on January 10, 2025. On January 10, 2025, the USA imposed sanctions on the vessel. On February 24, 2025, the United Kingdom imposed sanctions on the vessel. On February 24, March 04, 2025 EU and Switzerland respectively 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) (EU sanctions will enter into force on February 25, 2025).

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, March 04, 2025 EU and Switzerland respectively 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 (EU sanctions will enter into force on February 25, 2025).

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 transportation of russian crude oil/oil products mainly from russian ports in the Pacific region to China. The international NGO 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 through the sanctioned companies Sun Ship Management (UAE), Oil Tankers SCF MGMT FZCO (UAE), Stream Ship Management FZCO (UAE) with the sanctioned PJSC Sovcomflot, the largest state-owned shipping company in russia for servicing and supporting offshore hydrocarbon production, transportation of russian crude oil, oil products, and liquefied 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. On January 10, 2025, USA imposed sanctions on the vessel as a property in which PJSC Sovcomflot has an interest. On February 24, 2025, the United Kingdom imposed sanctions on the vessel. On February 24, March 04, 2025 EU and Switzerland, respectively 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 (EU sanctions will enter into force on February 25, 2025).

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 transportation of russian crude oil/oil products mainly from russian ports in the Pacific region to China. The tanker is affiliated through the sanctioned companies Sun Ship Management (UAE), Oil Tankers SCF MGMT FZCO (UAE), Stream Ship Management FZCO (UAE) with the sanctioned PJSC Sovcomflot, the largest state-owned shipping company in russia that services and provides offshore hydrocarbon production, transportation of russian crude oil, oil products, and liquefied 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. On January 10, 2025, USA imposed sanctions on the vessel as a property in which PJSC Sovcomflot has an interest. On February 24, 2025, United Kingdom imposed sanctions on the vessel. On February 24, March 04, 2025 EU and Switzerland respectively 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 (EU sanctions will enter into force on February 25, 2025).

The tanker is involved in the export of sanctioned russian oil/oil products from russian ports in the Pacific region, mainly to China. The vessel, through related companies, including the sanctioned Stream Ship Management FZCO, Sun Ship Management, Oil Tankers SCF MGMT FZCO affiliated with the sanctioned PJSC Sovcomflot, the largest state-owned shipping company in russia for servicing and supporting offshore hydrocarbon production, transportation of russian crude oil, oil products, liquefied natural gas. The main charterers of Sovcomflot vessels are the largest oil and gas companies and traders in russia. Sovcomflot is involved in servicing major oil and gas projects in russia: 'Sakhalin-1', 'Sakhalin-2', 'Varandey', 'Prirazlomnoye', 'Novy Port', 'Yamal LNG' and others. Prior to russia's full-scale invasion of Ukraine, the company's fleet consisted of about 145 vessels. After the sanctions were imposed, Sovcomflot transferred dozens of vessels to the ownership of companies it had set up, including in foreign jurisdictions, in order to circumvent them, and began the practice of constantly 'juggling' (transferring) vessels to related companies. According to expert estimates, the tankers 'transferred' by Sovcomflot to related companies are part of the so-called 'shadow tanker fleet' of the russian federation to continue selling russian oil, oil products, and liquefied gas under Western sanctions. On January 10, 2025, USA imposed sanctions on the vessel. On February 24, March 04, 2025 EU and Switzerland respectively 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 (EU sanctions will enter into force on February 25, 2025).

The tanker is involved in the export of sanctioned russian oil products from russian ports, mainly in the Black Sea, to Turkey and other third countries using deceptive, high-risk practices (disabling AIS). The vessel, through related companies, including the sanctioned Stream Ship Management FZCO, Sun Ship Management, Oil Tankers SCF MGMT FZCO, affiliated with the sanctioned PJSC Sovcomflot, 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. On January 10, 2025, USA imposed sanctions on the vessel. 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.