Among the companies to which sanctions have not yet been applied:
GATIK SHIP MANAGEMENT
Provide additional information
Full name of legal entity
GATIK SHIP MANAGEMENT
Abbreviated name of the legal entity
GATIK SHIP MANAGEMENT
Tax Number
Registration number
AAYFG2678Q
Country
India
Address
400078, India, Maharashtra, Mumbai, Bhandup West, LBS Road, Eastern Business District, Neptune Magnet Mall, floor 3, office E 306
Reasons
Since the beginning of russia's full-scale war against Ukraine, the company has become the largest carrier of russian oil and the world's largest operator of the so-called shadow fleet.
The company was the commercial manager of about 60 old crude oil and petroleum product tankers worth more than $1.5 billion, which were acquired after russia's invasion of Ukraine in February 2022. The company was used to operate the russian ‘shadow fleet’ of oil transportation, which is why the British regulator Lloyd's Register withdrew the certification of 21 vessels of the company. A major USA insurance company, American Club, also announced that it no longer provides coverage for Gatik Ship Management vessels.
Gatik Ship Management quickly transferred the oil tankers it operated to a network of related companies due to the global attention the company received for transporting russian oil. The tankers ‘re-registered’ to related companies continue to play a central role in the transportation of russian oil.
The company was the commercial manager of about 60 old crude oil and petroleum product tankers worth more than $1.5 billion, which were acquired after russia's invasion of Ukraine in February 2022. The company was used to operate the russian ‘shadow fleet’ of oil transportation, which is why the British regulator Lloyd's Register withdrew the certification of 21 vessels of the company. A major USA insurance company, American Club, also announced that it no longer provides coverage for Gatik Ship Management vessels.
Gatik Ship Management quickly transferred the oil tankers it operated to a network of related companies due to the global attention the company received for transporting russian oil. The tankers ‘re-registered’ to related companies continue to play a central role in the transportation of russian oil.
Links
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