Involved in the supply of equipment for the development of the Arctic LNG 2 and Yamal LNG projects, two large-capacity LNG projects of the sanctioned PJSC Novatek (TIN 6316031581). 'Audax' made port calls and unloaded cargo at the Belokamensk LNG construction center, which is owned and operated by the sanctioned LLC Novatek Murmansk (TIN 5112000907). The delivery of LNG modules for the Arctic LNG 2 project by the vessels Audax and Pugnax, operated by the sanctioned Singapore-based Red Box Energy Services PTE LTD, took place at the end of February 2024, following the application of sanctions to Arctic LNG 2 LLC and Novatek Murmansk LLC. In May 2024, USA applied sanctions to Red Box Energy Services PTE LTD and its vessels. In June 2024, EU also imposed sanctions on the vessel. On October 17, 2024, Switzerland imposed sanctions on the vessel in connection with promoting, supporting actions or policies aimed at the operation, development or expansion of the energy sector in russia, including energy infrastructure.

Engaged in the supply of equipment for the development of the Arctic LNG 2 and Yamal LNG projects, two large-capacity LNG projects of the sanctioned PJSC Novatek (TIN 6316031581). 'Pugnax' made entry into the ports and unloaded cargo at the Belokamensk LNG construction center, which is owned and operated by the sanctioned Novatek Murmansk LLC (TIN 5112000907). The delivery of LNG modules for the Arctic LNG 2 project by the vessels Audax and Pugnax, operated by the sanctioned Singapore-based Red Box Energy Services PTE LTD, took place at the end of February 2024, following the application of sanctions to Arctic LNG 2 LLC and Novatek Murmansk LLC. In May 2024, USA applied sanctions to Red Box Energy Services PTE LTD and its vessels. In June 2024, EU also imposed sanctions on the vessel. On October 17, 2024, Switzerland imposed sanctions on the vessel in connection with promoting, supporting actions or policies aimed at the operation, development or expansion of the energy sector in russia, including energy infrastructure.