Type | Vessel | [sources] | |||
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Name | CAPTAIN KOSTICHEV | [sources] | |||
Build Date | [sources] | ||||
Call Sign | 3E4142 | [sources] | |||
Description | After the sanctions were imposed, in order to circumvent them, Sovcomflot transferred dozens of vessels to the ownership of companies it created, including in foreign jurisdictions, and started the practice of constantly 'juggling' (transferring) vessels to related companies. According to experts, the tankers 're-registered' by Sovcomflot to related companies are part of the so-called 'shadow tanker fleet' of the russian federation to continue selling russian oil, oil products, and liquefied gas under western sanctions. · During the period of the G7 and EU oil embargo and the price-cap policy on russian oil, the tanker is involved in exporting russian oil from russian ports in the Baltic Sea and the Pacific region to China and India, and resorts to the practice of turning off the AIS signal and conducting so-called 'dark activities' at sea. The vessel 'CAPTAIN KOSTICHEV' is certified by the Indian regulator Indian Register of Shipping (IACS). · Oil exports from russia are the most important source of income for the kremlin regime to finance its war against Ukraine. The tax on oil production collected by russia 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 implementing price restrictions accounted for 14% of the total value of russian oil exported in September. · Prior to russia's full-scale invasion of Ukraine, the company's fleet consisted of about 145 vessels. · The shadow tanker fleet continues to provide multibillion-dollar revenues for the kremlin bypassing sanctions, disguising its activities under the flags of third countries, using complex schemes to conceal owners, and poses significant environmental threats with significant economic costs to coastal countries and/or the international community due to the outdated and inadequate insurance of shadow fleet tankers. · | [sources] | |||
Flag | Panama | [sources] | |||
IMO Number | 9301392 | [sources] | |||
MMSI | 352002205 | [sources] | |||
Past Flags | Cyprus | [sources] | |||
Type | Crude Oil Tanker | [sources] | |||
Source link | kse.ua · safety4sea.com · war-sanctions.gur.gov.ua · www.balticshipping.com · www.reuters.com · | [sources] | |||
Last change | Last processed | First seen |
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Linked to | ||||
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Object | Role | Start date | End date | |
Stream Ship Management FZCO | Commercial ship manager | - | ||
Stream Ship Management FZCO | Ship Safety Management Manager | - |
Owners | ||||
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Owner | Percentage held | Start date | End date | |
Glimmer Shipping HK LTD c/о Stream Ship Management FZCO | - | - |