PROSPERITY

The tanker is involved in the export of sanctioned russian oil products from russian ports in the Baltic and Black Seas, mainly to Brazil and Turkey.
The vessel, through related companies, including the sanctioned Fornax Ship Management, Sun Ship Management, Oil Tankers SCF MGMT FZCO affiliated with the sanctioned PJSC Sovcomflot, the largest state-owned shipping company in russia that services and supports offshore hydrocarbon production, transportation of russian crude oil, oil products, and liquefied natural gas. The major charterers of PJSC Sovcomflot's vessels are russia's largest oil and gas companies and traders. PJSC Sovcomflot is involved in servicing major oil and gas projects in russia: Sakhalin-1, Sakhalin-2, Varandey, Prirazlomnoye, Novy Port, Yamal LNG and others. After the sanctions were imposed, PJSC Sovcomflot transferred dozens of vessels to the ownership of companies it had set up, including in foreign jurisdictions, and began the practice of constantly 'juggling' (transferring) vessels to related companies. According to expert estimates, the tankers 're-registered' by PJSC Sovcomflot to related companies are part of the so-called 'shadow tanker fleet' of the russian federation to continue selling russian crude oil, oil products, and liquefied natural gas under Western sanctions.
On January 10, 2025, USA imposed sanctions on the vessel.
On February 24, 2025, United Kingdom imposed sanctions on the vessel.
On February 24, 2025, EU imposed sanctions on a tanker associated with a sanctioned person (the sanctions come into force on February 25, 2025).
On March 04, 2025, Switzerland imposed sanctions on the tanker as a vessel associated with a sanctioned entity.