VELMAR

The tanker is involved in the export of russian oil from russian ports in the Baltic and Black Seas, mainly to India.
The tanker is affiliated with Prominent Shipmanagement Limited (Hong Kong), which is an operator of the shadow fleet involved in the transportation of sanctioned russian and Iranian oil and which was sanctioned by USA on January 10, 2025 in relation to the management of the tanker fleet, the shadow fleet involved in the transportation of sanctioned russian oil, including the Fjord Seal, which called at a russian port where the price of oil was constantly exceeding the upper ceiling of $60 per barrel, and the Samsun, which was involved in the transportation of Iranian oil.
On January 10, 2025, USA imposed sanctions on the vessel.
On May 20, 2025, the EU imposed sanctions, which enter into force on May 21, 2025, on the tanker for the transportation of crude oil/petroleum products originating in or exported from russia, using irregular high-risk shipping practices as specified in the International Maritime Organization General Assembly Resolution A.1192(33).
On June 03, 2025, the sanctions imposed by Switzerland on the vessel came into force.