Among the companies to which sanctions have been applied:
OIL TANKERS SCF MGMT FZCO
Provide additional information
Full name of legal entity
OIL TANKERS SCF MGMT FZCO
Abbreviated name of the legal entity
OIL TANKERS SCF MGMT FZCO
Tax Number
Registration number
MDTSLL61V995
Country
United Arab Emirates
Address
27610 - 001, Dubai, IFZA Business Park, Dubai Silicon Oasis, Building A1
Reasons
The company manages tankers beneficially owned by the russian government through its sanctioned company PJSC Sovcomflot (the largest russian shipping company, one of the world's leading maritime energy transporters, which is involved in servicing major industrial projects in russia: ‘Sakhalin 1, Sakhalin 2, Varandey, Novy Port, Yamal LNG, Arctic LNG 2, Tangguh (Indonesia), etc.) ‘Amid growing pressure from sanctions and other restrictions, Sovcomflot has engaged the company and transferred dozens of its vessels to the management of the company to continue operating on the previous routes. The services provided by the company provide a significant source of revenue for the russian government, thus allowing the kremlin to finance its war against Ukraine.
The company assists the russian government in maintaining a ‘healthy’ russian economy, conducting not only commercial activities in budget-forming sectors of the economy but also the war in Ukraine and projecting aggression against the civilized world.
The company assists the russian government in maintaining a ‘healthy’ russian economy, conducting not only commercial activities in budget-forming sectors of the economy but also the war in Ukraine and projecting aggression against the civilized world.
Links
Sea vessels