The vessel is involved in the transportation of russian crude oil during the period of the G7 and EU oil embargo on russian oil and the price cap policy at $60 per barrel of russian oil. The tanker was transporting russian crude oil at a price of over $75 after the price-cap policy came into effect. The owner and manager of the tanker is the russian company South Fleet LLC, the previous owner was the sanctioned company Lumber Marine SA, affiliated with the sanctioned PJSC Sovcomflot, he 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 October 2023, USA imposed sanctions on the vessel ІМО 9421960 for violating the price-cap policy. On February 24, 2025, the EU imposed sanctions on a tanker associated with a sanctioned person as part of the restrictions on the russian shadow fleet (the sanctions come into force on February 25, 2025).