VENETIANS

The tanker during the period of the G7 and EU oil embargo and the price cap policy on russian crude oil/petroleum products is involved in the export of russian crude oil/petroleum products from russian ports in the Baltic and Black Seas in 2023-2024, and from russian ports in the Pacific region from 2025.
On May 09, 2025, the United Kingdom imposed sanctions on the tanker as part of the restrictions on the shadow fleet of the russian federation, including for engaging in activities aimed at destabilizing Ukraine, undermining/threatening the territorial integrity, sovereignty or independence of Ukraine or benefiting from or supporting the government of russia, and participating in the transportation of crude oil/petroleum products of russian origin, in particular, from russia to a third country.