Among the companies to which sanctions have been applied:
OCEANLINK MARITIME DMCC
Provide additional information
Full name of legal entity
OCEANLINK MARITIME DMCC

Abbreviated name of the legal entity
OCEANLINK MARITIME DMCC

Tax Number

Registration number
DMCC196521

Country
United Arab Emirates

Address
Unit 2808, Plot JLT-PH1-F2A, HDS Tower, Jumeirah Lakes Towers, Dubai; Unit AG-11-H, AG Tower, Plot JLT-PH1-I1A, Jumeirah Lakes Towers, Dubai

Reasons
Shipping company registered in the UAE, specialising in ship chartering, trading in spare parts and components for ships. The company operates a sanctioned fleet of 10 vessels (LNG tankers, oil tankers, oil product tankers) and is involved in the transportation of Iranian goods on behalf of the General Staff of the Iranian Armed Forces (AFGS) and the Ministry of Defence and Armed Forces Logistics (MODAFL). At the same time, the company's oil tankers are involved in the transportation of russian oil during the period of the G7 and EU oil embargo and price-cap policy on russian oil.



Sanction Jurisdictions
United States of America
Canada
Switzerland
EU
Great Britain
Australia
New Zealand
Japan
Ukraine
Date of entry and reference to the document
The country has not yet applied sanctions
Sea vessels
Daksha
Vessel name
Daksha
IMO
9259185
Flag (Current)
Comoro Islands
Vessel Type
Crude Oil Tanker
Category
Transportation of fossil fuels
 Transporting oil in violation of other restrictions
It is involved in the transportation of russian crude oil during the period of the G7 and EU oil embargo on russian oil. The vessel transported russian oil from russian ports to third countries. The vessel was repeatedly recorded by the Monitoring Group of the Black Sea Institute for Strategic Studies and the BlackSeaNews editorial board as exporting russian crude oil. In particular, the facts of the vessel's participation in the transportation of russian oil were recorded in January-February 2023 (from the russian port of Taman to the Indian port of Sikka), in May-June (from the russian port of Kavkaz to the Turkish port of Samsun), and in August-September 2023 (from the russian port of Tuapse to the Malaysian port of Tanjung Pelepas). In April 2024, USA imposed Iran-related sanctions on the vessel. In particular, sanctions were imposed on the shipping company Oceanlink Maritime DMCC, which is the vessel's manager, in connection with its involvement in the transportation of goods on behalf of the Iranian army and support for russia in the war against Ukraine. In June 2024, EU imposed sanctions on the vessel due to its involvement in the transportation of russian oil and/or oil products from russia to third countries, as well as its participation in the circumvention of european restrictions. On October 17, 2024, Switzerland imposed sanctions on the vessel in response to the transportation of oil/oil products originating from russia or exported from russia, using irregular and high-risk shipping practices, as specified in the resolution of the General Assembly of the International Maritime Organization A.1192(33).
AGNI
Vessel name
AGNI
IMO
9337389
Flag (Current)
Comoro Islands
Vessel Type
Crude Oil Tanker
Category
Transportation of fossil fuels
 Transporting oil in violation of other restrictions
During the period of the G7 oil embargo and the price cap policy on russian oil, the tanker is involved in the export of russian oil from ports in the Baltic, Black Sea, and Pacific regions to third countries. In September 2022 and January 2023, the United Against Nuclear Iran (UANI) included the tanker in a public list of vessels suspected of involvement in the transportation of sanctioned Iranian oil. The tanker is operated by Oceanlink Maritime DMCC, which was sanctioned by USA on April 04, 2024 for facilitating the transportation of Iranian goods on behalf of the General Staff of the Iranian Armed Forces (AFGS) and the Ministry of Defense and Armed Forces Logistics (MODAFL). On April 04, 2024, USA sanctioned the tanker 'AGNI' (formerly 'GLAUCUS') as a property in which Oceanlink Maritime DMCC has an interest for the transportation of Iranian goods. On May 14, 2024, the regulator DNV (IACS) withdrew the certification of the vessel. Against the backdrop of sanctions, russia is using a scheme of 'juggling' ships between related companies to conceal oil exports outside the price cap and other restrictions, as well as to conceal the real owners of ships, and to ensure unimpeded transportation of fossil fuels by a 'shadow' fleet of obsolete oil tankers, creates new companies for these purposes (in the UAE, Hong Kong, India, Turkey, Mauritius, Seychelles, and other jurisdictions) with non-transparent organizational and ownership structures. In order to implement this scheme, technical/commercial management and ship owners are constantly changing, and vessels are renamed with a change of flag, MMSI, call-sign, including for sanctioned vessels. Shadow fleet vessels operate under 'convenient flags', which allows them to conceal their true origin and avoid control by international organizations and insurance companies. Almost all vessels involved in the transportation of russian oil by the shadow fleet have been certified by the Indian regulator Indian Register of Shipping (IACS) since 2022. The certification of shadow fleet vessels allows the shipowner/operator to insure the vessels, which, in turn, allows the vessels to enter ports and pass through various specific sea routes (straits, canals, etc.). The 'shadow' fleet, transporting huge volumes of crude oil through heavily trafficked routes through narrow straits close to the coastline, without proper P&I insurance, with automatic identification systems disabled, threatens an environmental disaster with significant economic costs to be borne by the affected coastal countries and/or the international community. The recent incidents off Malaysia only underscore the need for swift action to curb the potentially devastating impact of the growing 'shadow fleet'. 'Shadow' tankers have already been involved in 50 incidents from the Danish Straits all the way to Malaysia since russia's full-scale invasion of Ukraine. According to CREA, from January to August 2024, the number of shadow tankers crossing the Danish Straits in Europe increased by 277% compared to the same period in 2022, with 64% of the 46 million tons of russian marine oil transported through the Danish Straits being transported by shadow tankers. In the same period, the number of shadow tankers in the Straits of Dover and Gibraltar increased by 355% compared to 2022, transporting 67% of the 37 million tons of oil through the straits. The Suez Canal experienced a staggering 649% increase in shadow tanker traffic, with 69% of the 52 million tons of russian crude oil passing through it being transported by these vessels. Oil exports from russia are the most important source of income for the kremlin regime to finance the war against Ukraine. The tax on oil production collected by the russian federation in 2023 amounted to 8.9 trillion rubles, or 31% of total federal revenues. According to CREA data for September 2024, russia's revenues from crude oil exported by sea amounted to 192 million euros per day, 86% of the total volume of russian marine crude oil was transported by 'shadow' tankers, while tankers owned or insured in countries that impose price restrictions accounted for 14% of the total value of russian oil exported in September. Thus, russia's 'shadow fleet' continues to generate billions of dollars in revenue for the kremlin bypassing sanctions, disguising its activities under the flags of third countries, using complex schemes to conceal owners, and poses significant environmental threats with significant economic costs to coastal countries and/or the international community due to the outdated and inadequate insurance of shadow fleet tankers.
War & Sanctions 2024