CORE AXIS

During the period of the G7 and EU oil embargo and the price cap policy on russian crude oil and petroleum products, the tanker was involved in the export of russian crude oil from russian ports on the Baltic Sea to India.
The vessel is operated by the Cypriot company Columbia Shipmanagement Ltd. Columbia Shipmanagement Ltd is one of the leading international companies in the field of technical ship management and crewing; it is part of Schoeller Holdings Ltd., an international holding company with a diversified portfolio of assets in the maritime, aviation, hospitality, and horticulture sectors, among others.
The vessel is engaged in the oil sector of the russian federation’s economy, the profits from which are one of the most important sources of revenue for the aggressor state’s budget.
On September 13, 2026, Ukraine imposed sanctions on the vessel.