Marine Vessels

During the G7 and EU oil embargo and price cap policy on russian oil / petroleum products, the tanker was involved in the export of russian oil / petroleum products.
The vessel is affiliated with Maritas Fleet PVT LTD (India), which was the operator of the tanker. Maritas Fleet PVT LTD was founded in December 2022 in Mumbai and has acquired 29 tankers, including vessels owned by Hennesea Holdings Limited. Hennesea Holdings Limited was founded in late 2022 in the UAE and, shortly before the introduction of the price cap policy, acquired more than 20 old tankers that were focused on transporting russian crude oil at a price higher than $60 per barrel. In January 2024, the US imposed sanctions on Hennesea Holdings Limited and part of its tanker fleet for violating the price cap policy.
Since July 2025, the tanker has been managed by Lumen Ship Management FZCO, whose fleet as of October 16, 2025, consists of eight oil tankers, including those under sanctions, which previously belonged to Hennesea Holdings Limited and were managed by the Indian company Maritas Fleet PVT LTD.
After the change in management, the vessel continues to transport russian oil / petroleum products. Between January 2024 and July 2025, the tanker transported approximately 1 million barrels of russian oil / petroleum products.
Since October 24, 2025, the EU has imposed sanctions on the vessel.
Since December 13, 2025, Switzerland has imposed sanctions on the vessel.
Since December 13, 2025, Ukraine has imposed sanctions on the vessel.
On February 24, 2026, the United Kingdom imposed sanctions on the vessel.

During the period of the G7 and EU oil embargo and the price cap policy on russian oil / petroleum products, the tanker was involved in the export of russian oil / petroleum products. Between January 2024 and July 2025, the vessel transported approximately 2.8 million barrels of russian oil.
Since October 24, 2025, the EU imposed sanctions on the vessel for transporting crude oil, petroleum products, or mineral products originating in or exported from russia using irregular and high-risk shipping practices, as defined in Resolution A.1192 (33) of the General Assembly of the International Maritime Organization.
Since December 13, 2025, Switzerland has imposed sanctions on the vessel.

During the G7 and EU oil embargo and price cap policy on russian oil / petroleum products, the tanker was involved in ensuring the export of russian oil / petroleum products from russian ports in the Baltic Sea. The vessel resorts to deceptive, high-risk shipping practices, including switching off its AIS in the Gulf of Finland.
Since October 24, 2025, the EU has imposed sanctions on the vessel.
Since December 13, 2025, Switzerland has imposed sanctions on the vessel.
Since March 25, 2026, Canada has imposed sanctions on the vessel.

During the G7 and EU oil embargo and price cap policy on russian oil / petroleum products, the tanker was involved in ensuring the export of russian oil / petroleum products from russian ports in the Baltic Sea. The vessel resorts to deceptive, high-risk shipping practices, including switching off its AIS in the Gulf of Finland.
Since October 24, 2025, the EU has imposed sanctions on the vessel.
Since December 13, 2025, Switzerland has imposed sanctions on the vessel.
Since March 25, 2026, Canada has imposed sanctions on the vessel.

During the G7 and EU oil embargo and price cap policy on russian oil / petroleum products, the tanker was involved in ensuring the export of russian oil / petroleum products from russian ports in the Baltic Sea. The vessel resorts to deceptive, high-risk shipping practices, including switching off its AIS in the Gulf of Finland.
Since October 24, 2025, the EU has imposed sanctions on the vessel.
Since December 13, 2025, Switzerland has imposed sanctions on the vessel.
Since March 25, 2026, Canada has imposed sanctions on the vessel.

During the G7 and EU oil embargo and price cap policy on russian oil / petroleum products, the tanker is involved in ensuring the export of russian oil / petroleum products from russian ports in the Baltic Sea. The vessel resorts to deceptive, high-risk shipping practices, including switching off its AIS in the Gulf of Finland.
The tanker is operated by the russian company Skadar LLC (TIN 5191324073). Skadar LLC supplies diesel fuel and fuel oil of all types with its own fleet. The company's main activity is bunkering ships in the waters of the port of Murmansk and beyond, as well as supplying petroleum products to coastal enterprises and fishing vessels in fishing areas. The company is one of the largest suppliers of petroleum products in Murmansk (Skadar LLC was one of the first to start bunkering foreign-flagged vessels in the port of Murmansk) and also operates in Kaliningrad and Arkhangelsk, in particular as a supplier of petroleum products within the russian state procurement system. In particular, the company is: a supplier to JSC russian Container Company (TIN 7703426268, subject to Ukrainian sanctions) of diesel fuel under bunkerage agreement No. 1515 dated October 20, 2023; a supplier of diesel fuel to the Federal State Unitary Enterprise Main Military Construction Administration No. 14 (TIN 5047054473, subject to Ukrainian sanctions).
Since October 24, 2025, the EU has imposed sanctions on the vessel.
Since December 13, 2025, Switzerland has imposed sanctions on the vessel.
Since March 25, 2026, Canada has imposed sanctions on the vessel.

The tanker was involved in the export of russian oil / petroleum products in 2025 during the period of the G7 and EU oil embargo and the price cap policy on russian oil / petroleum products.
The vessel is affiliated with Maritas Fleet PVT LTD (India), which was the former ISM manager of the tanker from June 2023 to March 2024. Maritas Fleet PVT LTD was founded in December 2022 in Mumbai and has brought 29 tankers under its management, including vessels owned by Hennesea Holdings Limited. Hennesea Holdings Limited was founded in late 2022 in the UAE and, shortly before the price cap policy was introduced, acquired more than 20 older tankers that were focused on transporting russian crude oil at a price higher than $60 per barrel. In January 2024, the USA imposed sanctions on Hennesea Holdings Limited and part of its tanker fleet for violating the price cap policy.
Since January 2025, the tanker has managed by Lumen Ship Management FZCO, whose fleet as of October 16, 2025, consists of eight oil tankers, including those under sanctions, which previously belonged to Hennesea Holdings Limited and were managed by the Indian company Maritas Fleet PVT LTD.
Since October 24, 2025, the EU has imposed sanctions on the vessel.
Since December 13, 2025, Switzerland has imposed sanctions on the vessel.
Since December 13, 2025, Ukraine has imposed sanctions on the vessel.
On February 24, 2026, the United Kingdom imposed sanctions on the vessel.
Since March 25, 2026, Canada has imposed sanctions on the vessel.

During the G7 and EU oil embargo and price cap policy on russian oil / petroleum products, the tanker-bunker vessel is involved in ensuring the export of russian oil / petroleum products from russian ports in the Baltic Sea. The vessel resorts to deceptive, high-risk shipping practices, including switching off its AIS in the Gulf of Finland.
Since October 24, 2025, the EU has imposed sanctions on the vessel.
Since December 13, 2025, Switzerland has imposed sanctions on the vessel.
Since March 25, 2026, Canada has imposed sanctions on the vessel.

During the G7 and EU oil embargo and price cap policy on russian oil / petroleum products, the tanker-bunker vessel is involved in ensuring the export of russian oil / petroleum products from russian ports in the Baltic Sea. The vessel resorts to deceptive, high-risk shipping practices, including switching off its AIS in the Gulf of Finland.
The tanker is owned and operated by the russian company Skadar LLC (TIN 5191324073). Skadar LLC supplies diesel fuel and fuel oil of all types with its own fleet. The company's main activity is bunkering ships in the waters of the port of Murmansk and beyond, as well as supplying petroleum products to coastal enterprises and fishing vessels in fishing areas. The company is one of the largest suppliers of petroleum products in Murmansk (Skadar LLC was one of the first to start bunkering foreign-flagged vessels in the port of Murmansk) and also operates in Kaliningrad and Arkhangelsk, in particular as a supplier of petroleum products within the russian state procurement system. In particular, the company is: a supplier to JSC russian Container Company (TIN 7703426268, subject to Ukrainian sanctions) of diesel fuel under bunkerage agreement No. 1515 dated October 20, 2023; a supplier of diesel fuel to the Federal State Unitary Enterprise Main Military Construction Administration No. 14 (TIN 5047054473, subject to Ukrainian sanctions).
Since October 24, 2025, the EU has imposed sanctions on the vessel.
Since December 13, 2025, Switzerland has imposed sanctions on the vessel.
Since March 25, 2026, Canada has imposed sanctions on the vessel.

During the G7 and EU oil embargo and price cap policy on russian oil / petroleum products, the tanker-bunkerer is involved in ensuring the export of russian oil / petroleum products from russian ports in the Baltic Sea. The vessel resorts to deceptive, high-risk shipping practices, including switching off its AIS in the Gulf of Finland.
The tanker belongs to the fleet of Gazpromneft Marine Bunker LLC, a subsidiary of the sanctioned russian company Gazprom Neft PJSC. Gazpromneft Marine Bunker LLC is the operator of Gazprom Neft's bunker business, providing year-round supplies of marine fuels and lubricants for sea and river transport in the largest ports of the North-West, Black Sea, and Far East regions, as well as in the Arctic and on inland waterways.
Since October 24, 2025, the EU has imposed sanctions on the vessel.
Since December 13, 2025, Switzerland has imposed sanctions on the vessel.
Since March 25, 2026, Canada has imposed sanctions on the vessel.

During the G7 and EU oil embargo and price cap policy on russian oil / petroleum products, the tanker was involved in ensuring the export of russian oil / petroleum products from russian ports in the Baltic Sea. The vessel resorts to deceptive, high-risk shipping practices, including switching off its AIS in the Gulf of Finland.
Since October 24, 2025, the EU has imposed sanctions on the vessel.
Since December 13, 2025, Switzerland has imposed sanctions on the vessel.
Since March 25, 2026, Canada has imposed sanctions on the vessel.

During the G7 and EU oil embargo and price cap policy on russian oil / petroleum products, the tanker was involved in ensuring the export of russian oil / petroleum products from russian ports in the Baltic Sea. The vessel resorts to deceptive, high-risk shipping practices, including switching off its AIS in the Gulf of Finland.
Since October 24, 2025, the EU has imposed sanctions on the vessel.
Since December 13, 2025, Switzerland has imposed sanctions on the vessel.
Since March 25, 2026, Canada has imposed sanctions on the vessel.