ARABESCA

Since 2024, during the period of the G7 and EU oil embargo and the price-cap policy on russian oil, the tanker has been involved in the export of oil to third countries from russian ports in the Baltic Sea.
The previous owner of the vessel until April 2024 was the Greek company Thenamaris Ships Management. The tanker was sold to an unknown buyer, and, according to the international public organization Greenpeace, is part of the shadow fleet of the russian federation.
Oil exports from russia are the most important source of income for the kremlin regime to finance the war against Ukraine. The tax on oil production collected by the russian federation in 2023 amounted to 8.9 trillion rubles, or 31% of total federal revenues. According to CREA data for September 2024, russia's revenues from crude oil exported by sea amounted to 192 million euros per day, 86% of the total volume of russian marine crude oil was transported by shadow tankers, while tankers owned or insured in countries that impose price restrictions accounted for 14% of the total value of russian oil exported in September.
The shadow tanker fleet continues to generate multibillion-dollar revenues for the kremlin by circumventing sanctions by disguising its activities under third-country flags, using complex schemes to conceal owners, and poses significant environmental safety hazards with significant economic costs to coastal countries and/or the international community due to the outdated and inadequately insured shadow fleet tankers.

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Augusta (Italy), Botas (Turkey), Cagliari (Italy), Vysotsk (russia), Jurong Island (Singapore), Marsaxlokk (Malta), Milazzo (Italy), Trieste (Italy), Valletta Harbors (Malta), Port Said (Egypt), Ust-Luga (russia), Suez (Egypt), Sadat (Egypt), Beirut (Lebanon), Primorsk (russia), Bedi Bunder (India), New Mangalore (India), Cochin (India), Jamnagar Terminal (India), Zawia Terminal (Libya)