Among the companies to which sanctions have been applied:
STREAM SHIP MANAGEMENT FZCO
Provide additional information
Full name of legal entity
STREAM SHIP MANAGEMENT FZCO

Abbreviated name of the legal entity
STREAM SHIP MANAGEMENT FZCO

Tax Number

Registration number

Country
United Arab Emirates

Address
P.O. Box 342001, Dubai; Unit 27700-001, Dubai Silicon Oasis, Dubai, United Arab Emirates

Reasons
The company was founded in 2023, based in the UAE, became russia's leading shipper of russian crude oil in 2024 after receiving tankers from Oil Tankers SCF MGMT FZCO (UAE), an affiliate of the sanctioned russian state-owned company Sovcomflot, which was sanctioned. The company's oil tanker fleet consisted of nearly 30 vessels, which played a significant role in the transportation of sanctioned russian oil under Western restrictions.


Sanction Jurisdictions
USA
Canada
Switzerland
EU
UK
Australia
New Zealand
Japan
Ukraine
Date of entry and reference to the document
The country has not yet applied sanctions
Marine vessels
GALAXY
Vessel name
GALAXY
IMO
9826902
Flag (Current)
Tanzania
Vessel Type
Crude Oil Tanker
Category
Transportation of fossil fuels
 Transporting russian crude oil/oil products 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 is linked to sanctioned companies Stream Ship Management FZCO, Sun Ship Management, Oil Tankers Scf Mgmt FZCO, affiliated with the sanctioned PJSC Sovcomflot, the largest state-owned shipping company in russia for servicing and supporting offshore hydrocarbon production, transportation of russian crude oil, oil products, and liquefied natural gas. The main charterers of PJSC Sovcomflot vessels are the largest oil and gas companies and traders of russia. PJSC Sovcomflot participates in the maintenance of large oil and gas projects in russia: "Sakhalin-1", "Sakhalin-2", "Varandey", "Pryrazlomnoye", "Novyy Port", "Yamal LNG", others. Before the full-scale russian invasion of Ukraine, the company's fleet consisted of about 145 vessels. After the application of sanctions, PJSC Sovcomflot transferred dozens of vessels to the ownership of companies it created, including those in foreign jurisdictions, in order to circumvent them, starting the practice of constant "juggling" (transferring) vessels to related companies. The tankers "transferred" by PJSC Sovcomflot to related companies are, according to experts, part of the so-called "shadow tanker fleet" of the russian federation to continue sales of russian oil, petroleum products, and liquefied gas under Western sanctions. The vessel has been delivering russian crude oil to China since 2019. The delivery of russian oil to China takes place along the route of the Northern Sea Route. In July 2024, UK imposed sanctions on a vessel in connection with its involvement in the transportation of russian oil and/or petroleum products from the russian federation to third countries. On December 16, 2024, the EU imposed sanctions on the tanker (effective from December 17, 2024) due to the transportation of crude oil or petroleum products originating in or exported from russia, using irregular high-risk shipping practices as set out in the International Maritime Organization General Assembly Resolution A.1192(33). On December 23, 2024, Switzerland imposed sanctions on the vessel in connection with the transportation of crude oil or petroleum products originating in or exported from russia, using irregular and risky shipping practices, as set out in the resolution of the General Assembly of the International Maritime Organization A.1192(33). On January 10, 2025, USA imposed sanctions on the vessel.
LEGACY
Vessel name
LEGACY
IMO
9339337
Flag (Current)
Barbados
Vessel Type
Crude Oil Tanker
Category
Transportation of fossil fuels
 Transporting russian crude oil/oil products 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 recorded by the Monitoring Group of the Institute for Black Sea 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 June-July 2024 (from the russian port of Primorsk to the Indian port of Mundra). The vessel through sanctioned Stream Ship Management Fzco, Sun Ship Management, Oil Tankers Scf Mgmt Fzco affiliated with the sanctioned PJSC Sovcomflot, the largest state-owned shipping company in russia, a key company for servicing and supporting offshore hydrocarbon extraction, transportation of russian oil, oil products, and liquefied gas. The main charterers of Sovcomflot's vessels are russia's largest oil and gas companies and traders. Sovcomflot is involved in servicing major oil and gas projects in russia: "Sakhalin-1, Sakhalin-2, Varandey, Prirazlomnoye, Novy Port, Yamal LNG, and others. Prior to russia's full-scale invasion of Ukraine, the company's fleet consisted of about 145 vessels. After the sanctions were imposed, Sovcomflot transferred dozens of vessels to the ownership of companies it had set up, including in foreign jurisdictions, in order to circumvent them, and began the practice of constantly "juggling" (transferring) vessels to affiliated companies. According to expert estimates, the tankers transferred by Sovcomflot to related companies are part of the so-called "shadow tanker fleet" of the russian federation to continue selling russian oil, oil products, and liquefied natural gas under western sanctions. In June-July 2024, UK and EU imposed sanctions on the vessel in connection with its involvement in the transportation of russian oil and/or oil products from russia to third countries, as well as in connection with the support of the development of the energy sector of russia. On October 17, 2024, Switzerland imposed sanctions on the vessel in connection with promoting, supporting actions or policies aimed at the operation, development or expansion of the energy sector in russia, including energy infrastructure. On January 10, 2025, USA imposed sanctions on the vessel.
CAPELLA
Vessel name
CAPELLA
IMO
9341079
Flag (Current)
Barbados
Vessel Type
Crude Oil Tanker
Category
Transportation of fossil fuels
 Transporting russian crude oil/oil products in violation of other restrictions
The vessel is involved in the transportation of russian crude oil during the period of the G7 and EU oil embargo and price-cap policy on russian oil to third countries, in particular from the russian port of Primorsk in the Baltic Sea. The vessel, through its related companies, including sanctioned Stream Ship Management FZCO, is affiliated with the sanctioned PJSC Sovcomflot, the largest state-owned shipping company in russia, a key company for servicing and supporting offshore hydrocarbon production, transportation of russian oil, oil products and liquefied natural gas amid sanctions restrictions on russia following its full-scale invasion of Ukraine. The services provided by Sovcomflot are a significant source of income for the russian federation, as more than 70% of russia's revenues come from energy sales, which allows it to finance its war against Ukraine. The main charterers of Sovcomflot's vessels are russia's largest oil and gas companies and traders. Sovcomflot is involved in servicing major oil and gas projects in russia: ‘’Sakhalin 1‘’, ‘’Sakhalin 2‘’, ‘’Varandey‘’, ‘’Prirazlomnoye‘’, ‘’Novy Port‘’, ‘’Yamal LNG‘’ and others. Prior to russia's full-scale invasion of Ukraine, the company's fleet consisted of about 145 vessels. After the imposition of sanctions, Sovcomflot transferred dozens of vessels to the ownership of companies it had set up, including in foreign jurisdictions, in order to circumvent them, and began the practice of constantly ‘juggling’ (transferring) vessels to related companies. The tankers ‘re-registered’ by Sovcomflot to related companies, according to expert estimates, are part of the so-called ‘shadow tanker fleet’ of the russian federation to continue selling russian oil, oil products and liquefied gas under western sanctions. On 11 September 2024, the United Kingdom imposed sanctions on 10 oil tankers (including the 'Ns Corona' (current name 'Capella')) related to the transportation of oil or oil products from russia to third countries. On December 16, 2024, the EU imposed sanctions on the tanker (effective from December 17, 2024) due to the transportation of crude oil or petroleum products originating in or exported from russia, using irregular high-risk shipping practices as set out in the International Maritime Organization General Assembly Resolution A.1192(33). On December 23, 2024, Switzerland imposed sanctions on the vessel in connection with the transportation of crude oil or petroleum products originating in or exported from russia, using irregular and risky shipping practices, as set out in the resolution of the General Assembly of the International Maritime Organization A.1192(33). On January 10, 2025, USA imposed sanctions on the vessel.
VANGUARD
Vessel name
VANGUARD
IMO
9311622
Flag (Current)
Barbados
Vessel Type
Crude Oil Tanker
Category
Transportation of fossil fuels
 Transporting russian crude oil/oil products in violation of other restrictions
The vessel is involved in the transportation of russian crude oil during the period of the G7 and EU oil embargo and price-cap policy on russian oil to third countries (in particular, India) from the russian port of Primorsk in the Baltic Sea and russian ports in the Black Sea with the AIS signal turned off. The tanker is certified by the Indian regulator Indian Register of Shipping (IACS). The vessel, through its related companies, including sanctioned company Stream Ship Management FZCO, is affiliated with the sanctioned PJSC Sovcomflot, the largest state-owned shipping company in russia, a key company for servicing and supporting offshore hydrocarbon production, transportation of russian oil, oil products and liquefied natural gas amid sanctions restrictions on russia following its full-scale invasion of Ukraine. The main charterers of Sovcomflot's vessels are russia's largest oil and gas companies and traders. Sovcomflot is involved in servicing major oil and gas projects in russia: ‘’Sakhalin 1‘’, ‘’Sakhalin 2‘’, ‘’Varandey‘’, ‘’Prirazlomnoye‘’, ‘’Novy Port‘’, ‘’Yamal LNG‘’ and others. Prior to russia's full-scale invasion of Ukraine, the company's fleet consisted of about 145 vessels. After the imposition of sanctions, Sovcomflot transferred dozens of vessels to the ownership of companies it had set up, including in foreign jurisdictions, in order to circumvent them, and began the practice of constantly ‘juggling’ (transferring) vessels to related companies. The tankers ‘re-registered’ by Sovcomflot to related companies, according to expert estimates, are part of the so-called ‘shadow tanker fleet’ of the russian federation to continue selling russian oil, oil products and liquefied gas under western sanctions. On 11 September 2024, the United Kingdom imposed sanctions on 10 oil tankers (including the ‘Vladimir Tikhonov’ (former name)) related to the transportation of oil or oil products from russia to third countries. On January 10, 2025, USA imposed sanctions on the vessel.
CASSIOPEIA
Vessel name
CASSIOPEIA
IMO
9341081
Flag (Current)
Barbados
Vessel Type
Crude Oil Tanker
Category
Transportation of fossil fuels
 Transporting russian crude oil/oil products in violation of other restrictions
The vessel is involved in the transportation of russian crude oil during the period of the G7 and EU oil embargo and price-cap policy on russian oil to third countries. The vessel, through its related companies, including sanctioned Stream Ship Management FZCO, is affiliated with the sanctioned PJSC Sovcomflot, the largest state-owned shipping company in russia, a key company for servicing and supporting offshore hydrocarbon production, transportation of russian oil, oil products and liquefied natural gas amid sanctions restrictions on russia following its full-scale invasion of Ukraine. The main charterers of Sovcomflot's vessels are russia's largest oil and gas companies and traders. Sovcomflot is involved in servicing major oil and gas projects in russia: ‘’Sakhalin 1‘’, ‘’Sakhalin 2‘’, ‘’Varandey‘’, ‘’Prirazlomnoye‘’, ‘’Novy Port‘’, ‘’Yamal LNG‘’ and others. Prior to russia's full-scale invasion of Ukraine, the company's fleet consisted of about 145 vessels. After the imposition of sanctions, Sovcomflot transferred dozens of vessels to the ownership of companies it had set up, including in foreign jurisdictions, in order to circumvent them, and began the practice of constantly ‘juggling’ (transferring) vessels to related companies. The tankers ‘re-registered’ by Sovcomflot to related companies, according to expert estimates, are part of the so-called ‘shadow tanker fleet’ of the russian federation to continue selling russian oil, oil products and liquefied gas under western sanctions. On 11 September 2024, the United Kingdom imposed sanctions on 10 oil tankers (including the ‘Ns Clipper’ (a former name)) related to the transportation of oil or oil products from russia to third countries. On December 16, 2024, the EU imposed sanctions on the tanker (effective from December 17, 2024) due to the transportation of crude oil or petroleum products originating in or exported from russia, using irregular high-risk shipping practices as set out in the International Maritime Organization General Assembly Resolution A.1192(33). On December 23, 2024, Switzerland imposed sanctions on the vessel in connection with the transportation of crude oil or petroleum products originating in or exported from russia, using irregular and risky shipping practices, as set out in the resolution of the General Assembly of the International Maritime Organization A.1192(33). On January 10, 2025, USA imposed sanctions on the vessel.
ATLAS
Vessel name
ATLAS
IMO
9413573
Flag (Current)
Sao Tome and Principe
Vessel Type
Crude Oil Tanker
Category
Transportation of fossil fuels
 Transporting russian crude oil/oil products in violation of other restrictions
The tanker is involved in the export of russian oil (petroleum products) from the port of Ust-Luga (russia) in the Baltic Sea in May-June 2024, from an unspecified port in the Black Sea due to the shutdown of AIS in October 2023 to the Indian port of Sikka. The vessel, through related companies, in particular sanctioned Stream Ship Management FZCO, is affiliated with the sanctioned PJSC Sovcomflot, the largest state-owned shipping company in russia, a key company for servicing and supporting offshore hydrocarbon production, transportation of russian oil, oil products, and liquefied natural gas amid sanctions restrictions on russia after its full-scale invasion of Ukraine. The services provided by Sovcomflot are a significant source of income for russia, as more than 70% of russia's revenues come from energy sales, which allows it to finance its war against Ukraine. The main charterers of Sovcomflot vessels are the largest oil and gas companies and traders in russia. Sovcomflot is involved in servicing major oil and gas projects in russia: 'Sakhalin-1', 'Sakhalin-2', 'Varandey', 'Prirazlomnoye', 'Novy Port', 'Yamal LNG' and others. Prior to russia's full-scale invasion of Ukraine, the company's fleet consisted of about 145 vessels. After the sanctions were imposed, Sovcomflot transferred dozens of vessels to the ownership of companies it had set up, including in foreign jurisdictions, in order to circumvent them, and began the practice of constantly “juggling” (transferring) vessels to related companies. According to expert estimates, the tankers "transferred" by Sovcomflot to related companies are part of the so-called "shadow tanker fleet" of the russian federation to continue selling russian oil, oil products, and liquefied gas under western sanctions. On October 17, 2024, the United Kingdom imposed sanctions on tankers of the russian so-called "shadow fleet", including the tanker 'ATLAS'. On January 10, 2025, USA imposed sanctions on the vessel.
VOYAGER
Vessel name
VOYAGER
IMO
9843560
Flag (Current)
Barbados
Vessel Type
Crude Oil Tanker
Category
Transportation of fossil fuels
 Transporting russian crude oil/oil products in violation of other restrictions
During the period of the G7 and EU oil embargo and the price-cap policy on russian crude oil, the tanker is involved in the export of russian oil to third countries from russian ports, including with the AIS signal turned off. The tanker is certified by the Indian regulator Indian Register of Shipping (IACS). The vessel through related companies, in particular sanctioned Stream Ship Management FZCO, Oil Tankers SCF MGMT FZCO, Sun Ship Management, SCF Management Services LTD, is affiliated with the sanctioned PJSC Sovcomflot, the largest state-owned shipping company in russia, a key company for servicing and supporting offshore hydrocarbon production, transportation of russian oil, oil products, and liquefied natural gas amid sanctions restrictions on russia after its full-scale invasion of Ukraine. The services provided by Sovcomflot are a significant source of income for russia, as more than 70% of russia's revenues come from energy sales, which allows it to finance its war against Ukraine. The main charterers of Sovcomflot vessels are the largest oil and gas companies and traders in russia. Sovcomflot is involved in servicing major oil and gas projects in russia: 'Sakhalin-1', 'Sakhalin-2', 'Varandey', 'Prirazlomnoye', 'Novy Port', 'Yamal LNG' and others. Prior to russia's full-scale invasion of Ukraine, the company's fleet consisted of about 145 vessels. After the sanctions were imposed, Sovcomflot transferred dozens of vessels to the ownership of companies it had set up, including in foreign jurisdictions, in order to circumvent them, and began the practice of constantly “juggling” (transferring) vessels to related companies. According to expert estimates, the tankers "transferred" by Sovcomflot to related companies are part of the so-called "shadow tanker fleet" of the russian federation to continue selling russian oil, oil products, and liquefied gas under western sanctions. As sanctions are being imposed, russia uses a scheme of 'juggling' ships between related companies to conceal oil exports outside price-cap and other restrictions, as well as to hide 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' since 2022 have been certified by the Indian regulator Indian Register of Shipping (IACS). 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.). 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. Thus, the 'shadow fleet' of the russian federation continues to provide multibillion-dollar revenues for the kremlin bypassing sanctions, disguising its activities under the flags of third countries, using complex schemes to conceal owners. On January 10, 2025, USA imposed sanctions on the vessel.
YURI SENKEVICH
Vessel name
YURI SENKEVICH
IMO
9301419
Flag (Current)
Panama
Vessel Type
Crude Oil Tanker
Category
Transportation of fossil fuels
 Associated with sanctioned entities
The tanker is involved in the export of russian crude oil from russian ports in the Pacific region, mainly to China. The vessel, through related companies, including the sanctioned Stream Ship Management FZCO, Sun Ship Management, Oil Tankers SCF MGMT FZCO, affiliated with the sanctioned PJSC Sovcomflot, the largest state-owned shipping company in russia, a key company for servicing and supporting offshore hydrocarbon production, transportation of russian oil, petroleum products, liquefied natural gas amidst the application of sanctions restrictions to the russian federation after its full-scale invasion of Ukraine. The main charterers of Sovcomflot vessels are the largest oil and gas companies and traders in russia. Sovcomflot is involved in servicing major oil and gas projects in russia: 'Sakhalin-1', 'Sakhalin-2', 'Varandey', 'Prirazlomnoye', 'Novy Port', 'Yamal LNG' and others. Prior to russia's full-scale invasion of Ukraine, the company's fleet consisted of about 145 vessels. After the sanctions were imposed, Sovcomflot transferred dozens of vessels to the ownership of companies it had set up, including in foreign jurisdictions, in order to circumvent them, and began the practice of constantly 'juggling' (transferring) vessels to related companies. According to expert estimates, the tankers 'transferred' by Sovcomflot to related companies are part of the so-called 'shadow tanker fleet' of the russian federation to continue selling russian oil, oil products, and liquefied gas under western sanctions. On January 10, 2025, USA imposed sanctions on the vessel as a property in which the sanctioned company Stream Ship Management FZCO (UAE) has an interest.
VLADIMIR ARSENYEV
Vessel name
VLADIMIR ARSENYEV
IMO
9901025
Flag (Current)
russian federation
Vessel Type
Crude Oil Tanker
Category
Transportation of fossil fuels
 Transporting russian crude oil/oil products in violation of other restrictions
The tanker is involved in the export of russian crude oil from russian ports in the Pacific region, mainly to China. The vessel, through related companies, including the sanctioned Stream Ship Management FZCO, Sun Ship Management affiliated with the sanctioned PJSC Sovcomflot, the largest state-owned shipping company in russia, a key company for servicing and supporting offshore hydrocarbon production, transportation of russian oil, petroleum products, liquefied natural gas amidst the application of sanctions restrictions to the russian federation after its full-scale invasion of Ukraine. The main charterers of Sovcomflot vessels are the largest oil and gas companies and traders in russia. Sovcomflot is involved in servicing major oil and gas projects in russia: 'Sakhalin-1', 'Sakhalin-2', 'Varandey', 'Prirazlomnoye', 'Novy Port', 'Yamal LNG' and others. Prior to russia's full-scale invasion of Ukraine, the company's fleet consisted of about 145 vessels. After the sanctions were imposed, Sovcomflot transferred dozens of vessels to the ownership of companies it had set up, including in foreign jurisdictions, in order to circumvent them, and began the practice of constantly 'juggling' (transferring) vessels to related companies. According to expert estimates, the tankers 'transferred' by Sovcomflot to related companies are part of the so-called 'shadow tanker fleet' of the russian federation to continue selling russian oil, oil products, and liquefied gas under western sanctions. On January 10, 2025, USA imposed sanctions on the vessel.
War & Sanctions 2025
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