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.



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
Marine vessels
JUN MA
Vessel name
JUN MA
IMO
9353113
Flag (Current)
Tanzania
Vessel Type
Oil Products Tanker
Category
Transportation of fossil fuels
 Violation of the oil embargo
It is involved in the transportation of russian oil from russian ports to third countries in violation of the oil embargo. 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 April-June 2024 (from the russian ports of Tuapse and Novorossiysk to the Greek port of the Gulf of Lakonikos and the Turkish port of Diliskelesi). Earlier in April 2023, the vessel also transported crude oil and oil products from russian ports in the Black Seas. The vessel is owned and managed by Elizario Shipping Inc (Mauritius), whose fleet consists of this vessel only. This company is another owner and commercial manager of the oil tanker from the "shadow fleet". Until at least the end of July 2024, the ISM-manager of the vessel was the Turkish company Unic Tanker Ship Management, which managed nine oil and chemical tankers received from the Indian company Gatik Ship Management, an affiliate of the russian oil giant Rosneft and associated with the "shadow fleet" used by russia to export oil to circumvent sanctions. Gatik Ship Management has become the largest carrier of russian oil since the beginning of the full-scale war against Ukraine. The company was used to operate russia's "shadow fleet" of oil transport, and the British regulator Lloyd's Register has withdrawn the certification of 21 of the company's vessels. A major insurance company, American Club (USA), also announced that it no longer provides coverage for Gatik vessels. 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).
War & Sanctions 2024