Viktor Bakaev

IMO 9610810
Updated: 07.12.2024
Viktor Bakaev
Vessel name (international according to IMO)
Viktor Bakaev
Category
Transportation of fossil fuels
 Violation of the price cap
Vessel Type
Crude Oil Tanker
IMO
9610810
MMSI
273258810
Call sign
UBSZ2
Flag (Current)
russian federation
Sanctions
The person in connection with whom sanctions have been applied
Provide additional information
Justification
Vessel information
The vessel is involved in the transportation of russian crude oil during the period of the G7 and EU oil embargo on russian oil and the price cap policy at $60 per barrel of russian oil. The tanker was transporting russian Urals crude oil at a price of more than $70 after the price-cap policy came into effect.
The vessel is owned by Streymoy shipping LTD, the manager of South Fleet LLC, affiliated with the sanctioned Sovcomflot PJSC, 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 the application of sanctions restrictions to russia after 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 the sale of energy, 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 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 December 2023, USA imposed sanctions on Viktor Bakaev for non-compliance with the price-cap policy for russian oil.
On November 25, 2024, the United Kingdom imposed sanctions on a tanker in connection with the transportation of russian oil/oil products from the russian federation to a third country as part of the restrictions on the russian shadow fleet.
Cases of AIS shutdown
Yes
Calling at russian ports
Yes
Visited ports
Port Said (Egypt), Zeytinburnu (Turkey), Ust-Luga (russia), Suez (Egypt), Algeria (Algeria), Jeddah (Saudi Arabia), Ikdas (Turkey), Akchansa Canakkale (Turkey), Primorsk (russia), Pendik (Turkey)
Available additional information
Shipowner (IMO / Country / Date)
Streymoy Shipping LTD с/о South Fleet LTD (5724311 / russia / 20.05.2013)
Commercial ship manager (IMO / Country / Date)
South Fleet LTD (6450877 / russia / 31.01.2024)
Ship Safety Management Manager (IMO / Country / Date)
South Fleet LTD (6450877 / russia / 31.01.2024)
Former ship names
Flags (former)
Liberia
Build year
2013
Builder (country)
Daewoo Shipbuilding & Marine Engineering (South Korea)
War & Sanctions 2024