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Viktor Bakaev

Person of interest
TypeVessel[sources]
NameViktor Bakaev[sources]
Build Date[sources]
Call SignUBSZ2[sources]
DescriptionIn December 2023, USA imposed sanctions on Viktor Bakaev for non-compliance with the price-cap policy for russian oil. · The vessel is involved in the transportation of russian crude oil during the period of the G7 and EU oil embargo on russian oil and the price cap policy at $60 per barrel of russian oil. The tanker was transporting russian Urals crude oil at a price of more than $70 after the price-cap policy came into effect. · The vessel is owned by Streymoy shipping LTD, the manager of South Fleet LLC, affiliated with the sanctioned Sovcomflot PJSC, the largest state-owned shipping company in russia, a key company for servicing and supporting offshore hydrocarbon production, transportation of russian oil, oil products, and liquefied natural gas amid the application of sanctions restrictions to russia after its full-scale invasion of Ukraine. The services provided by Sovcomflot are a significant source of income for the russian federation, as more than 70% of russia's revenues come from the sale of energy, which allows it to finance its war against Ukraine. The main charterers of Sovcomflot vessels are the largest oil and gas companies and traders in russia. "Sovcomflot is involved in servicing major oil and gas projects in russia: "Sakhalin-1, Sakhalin-2, Varandey, Prirazlomnoye, Novy Port, Yamal LNG, and others. Prior to russia's full-scale invasion of Ukraine, the company's fleet consisted of about 145 vessels. After the sanctions were imposed, Sovcomflot transferred dozens of vessels to the ownership of companies it had set up, including in foreign jurisdictions, in order to circumvent them, and began the practice of constantly "juggling" (transferring) vessels to affiliated companies. According to expert estimates, the tankers transferred 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 natural gas under Western sanctions.[sources]
FlagRussia[sources]
IMO Number9610810[sources]
MMSI273258810[sources]
Past FlagsLiberia[sources]
TypeCrude Oil Tanker[sources]
Source linkchecko.ru · checko.ru · egrul.itsoft.ru · home.treasury.gov · war-sanctions.gur.gov.ua · 3 more...[sources]
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Descriptions

Transportation of fossil fuels

Ukraine War and Sanctions,

Violation of the price cap

Ukraine War and Sanctions,

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Data sources

Ukraine War and Sanctions1,552

Sponsors and accomplices of Russian armed aggression against Ukraine.

Ukraine · GUR


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