Among the companies to which sanctions have been applied:
GALLION NAVIGATION INCORPORATED
GALLION NAVIGATION INCORPORATED
Provide additional information
Full name of legal entity
GALLION NAVIGATION INCORPORATED

Abbreviated name of the legal entity
GALLION NAVIGATION INCORPORATED

Tax Number

Registration number

Country
United Arab Emirates

Address
United Arab Emirates (Unit 27610-001, Building A1, IFZA Business Park, Dubai Silicon Oasis, Dubai) / Liberia (80 Broad Street, Monrovia)

Reasons
Affiliated with the sanctioned PJSC Sovcomflot, the largest state-owned shipping company in russia, a key company for servicing and supporting offshore hydrocarbon production, transportation of russian oil, oil products, and liquefied gas against the background of sanctions restrictions on russia after its full-scale invasion of Ukraine. 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 started a practice of constant ‘juggling’ (transferring) of 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 natural gas under western sanctions.


Sanction Jurisdictions
USA
Sanction Jurisdictions: USA
Canada
Sanction Jurisdictions: Canada
Switzerland
Sanction Jurisdictions: Switzerland
EU
Sanction Jurisdictions: EU
UK
Sanction Jurisdictions: UK
Australia
Sanction Jurisdictions: Australia
New Zealand
Sanction Jurisdictions: New Zealand
Japan
Sanction Jurisdictions: Japan
Ukraine
Sanction Jurisdictions: Ukraine
Date of entry and reference to the document Date of entry and reference to the document
The country has not yet applied sanctions The country has not yet applied sanctions
Marine vessels
KARELIYA
Vessel name
KARELIYA
IMO
9306782
Flag (Current)
russian federation russian federation
Vessel Type
Crude Oil Tanker
Category
Transportation of fossil fuels
icon arrow-tree Violation of the price cap
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 export of russian crude oil/oil products from russian ports and in violation of the price cap policy of $60 per barrel of russian crude oil. The vessel is owned by Gallion Navigation Inc, a manager of the russian company Invest Fleet LLC, controlled by the sanctioned Sovcomflot PJSC,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. In November 2023, USA imposed sanctions on three vessels (including ІМО 9306782) affiliated with the sanctioned company PJSC Sovcomflot, which were involved in the export of russian crude oil at a price of more than $60 per barrel after the price-cap policy for russian oil came into effect. 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.
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