VICTOR KONETSKY

During the period of the G7+ oil embargo and the price cap policy on russian crude oil/oil products, the tanker is involved in the transportation of russian crude oil/oil products mainly from russian ports in the Pacific region to China.
The tanker is affiliated through the sanctioned companies Sun Ship Management (UAE), Oil Tankers SCF MGMT FZCO (UAE), Stream Ship Management FZCO (UAE) with the sanctioned PJSC Sovcomflot, the largest state-owned shipping company in russia that services and provides offshore hydrocarbon production, transportation of russian crude oil, oil products, and liquefied 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.
On January 10, 2025, USA imposed sanctions on the vessel as a property in which PJSC Sovcomflot has an interest.
On February 24, 2025, the United Kingdom imposed sanctions on the vessel.
On February 24, 2025, as part of the restrictions on the russian shadow fleet, the EU imposed sanctions on the tanker for transporting crude oil/oil products originating in or exported from russia using irregular and high-risk shipping practices as specified in the International Maritime Organization General Assembly resolution A.1192 (33); promoting or supporting actions/policies aimed at the exploitation, development or expansion of the energy sector in russia, including energy infrastructure (sanctions will enter into force on February 25, 2025).