Among the companies to which sanctions have been applied:
PROMINENT SHIPMANAGEMENT LIMITED
![](https://war-sanctions.gur.gov.ua/uploads/company/106/180/14313_logo_LQgieei3h1bOOkVS67867a763f9cc.png.webp)
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Full name of legal entity
PROMINENT SHIPMANAGEMENT LIMITED
Abbreviated name of the legal entity
PROMINENT SHIPMANAGEMENT LIMITED
Tax Number
74520161
Registration number
3199991
Country
Hong Kong
Address
Unit 615, 6th Floor, LT Tower, 31, Chong Yip Street, Kwun Tong, Kowloon, Hong Kong
Reasons
The company was founded in October 2022 in Hong Kong, and as of January 14, 2025, operates a fleet of 10 oil tankers ELEGANCE (IMO 9383950), CANKIRI (IMO 9411331), SAMSUN (IMO 9436006), FJORD SEAL (IMO 9513139), SABLE (IMO 9524451), SAKARYA (IMO 9524463), SALTY WOLF (IMO 9530917), VENTURE (IMO 9832547), VIRAT (9832559), CORUM (IMO 9544281) involved in the transportation of sanctioned russian and Iranian oil, including in violation of the price cap on russian oil imposed by the countries of the Price Restriction Coalition.
PROMINENT SHIPMANAGEMENT LTD is affiliated with the sanctioned company K&O SHIPMANAGEMENT FZE (UAE), from which all oil tankers operated by K&O SHIPMANAGEMENT FZE were 'transferred' to PROMINENT SHIPMANAGEMENT LTD and which was sanctioned by the United Kingdom on December 06, 2023 in connection with the receipt of benefits, support of the russian government by doing business in a sector of strategic importance to the russian government, namely the russian energy sector. In 2023, K&O's tankers changed class to join the Indian Shipping Register, which classifies a significant portion of the shadow fleet. K&O SHIPMANAGEMENT FZE, which has transferred its entire tanker fleet to PROMINENT SHIPMANAGEMENT LTD for management, is linked to the sanctioned russian PJSC Sovcomflot through its employees.
Prominent is managed by Arjun Deshmukh, who worked for FESCO Wallem Shipmanagement (Hong Kong), a joint venture between russia's Fesco Shipmanagement Limited (a subsidiary of FESCO) and Hong Kong's oldest ship manager, Wallem Shipmanagement Limited. FESCO Wallem Shipmanagement was established to manage FESCO's foreign-flagged fleet.
PROMINENT SHIPMANAGEMENT LTD is affiliated with the sanctioned company K&O SHIPMANAGEMENT FZE (UAE), from which all oil tankers operated by K&O SHIPMANAGEMENT FZE were 'transferred' to PROMINENT SHIPMANAGEMENT LTD and which was sanctioned by the United Kingdom on December 06, 2023 in connection with the receipt of benefits, support of the russian government by doing business in a sector of strategic importance to the russian government, namely the russian energy sector. In 2023, K&O's tankers changed class to join the Indian Shipping Register, which classifies a significant portion of the shadow fleet. K&O SHIPMANAGEMENT FZE, which has transferred its entire tanker fleet to PROMINENT SHIPMANAGEMENT LTD for management, is linked to the sanctioned russian PJSC Sovcomflot through its employees.
Prominent is managed by Arjun Deshmukh, who worked for FESCO Wallem Shipmanagement (Hong Kong), a joint venture between russia's Fesco Shipmanagement Limited (a subsidiary of FESCO) and Hong Kong's oldest ship manager, Wallem Shipmanagement Limited. FESCO Wallem Shipmanagement was established to manage FESCO's foreign-flagged fleet.
Links
Marine vessels