Keep updated
Get in touch
| Type | Vessel | [sources] | |||
|---|---|---|---|---|---|
| Name | MIN HANG | [sources] | |||
| Build Date | [sources] | ||||
| Call Sign | E5U5075 | [sources] | |||
| Description | According to Lloyd's List, 'MIN HANG' is linked to anonymous Chinese buyers who spent about $376 million to purchase 13 tankers to carry out risky ship-to-ship transportation of russian oil in the middle of the Atlantic Ocean. Ship-to-shore logistics hubs are a common feature of the scheme, allowing for the concealment of ownership and origin of cargo. In addition to the mid-Atlantic STS hub, there are also areas near the ports of Kalamata (Greece), Malta, Ceuta, and the Caucasus where ship-to-ship operations have been established for russian oil. STS's operations in the middle of the Atlantic Ocean are outside the jurisdiction of port authorities, with limited technical and operational oversight, which increases safety and environmental concerns due to the unknown insurance and vessel ownership data. · In 2024, the tanker is involved in the export of russian crude oil to third countries from russian ports in the Baltic Sea and the Pacific region. · In November 2022, United Against Nuclear Iran (UANI) included the tanker in a public list of vessels suspected of involvement in the illegal transportation of Iranian oil. · Lloyd's List has tracked five Aframax tankers, seven large oil carriers and one Suezmax vessel to an anonymous buyer through separate but related companies operating offshore Hong Kong and China that own similar vessels. The group of tankers was acquired between May and July 2022 for a total of $285 million, based on ship brokerage reports and market valuations. Since then, all but one of the tankers have been involved in the transshipment of russian oil cargoes at a high-risk transshipment hub located 860 nautical miles west of Portugal in international waters. The vessels purchased by the anonymous Chinese buyer are 15 years old or more, making it impossible for most major oil companies to charter them and impossible to obtain conventional financing. · 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 the russian federation 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 that impose price restrictions accounted for 14% of the total value of russian oil exported in September. · | [sources] | |||
| Flag | Cook Islands | [sources] | |||
| IMO Number | 9257137 | [sources] | |||
| MMSI | 518999094 | [sources] | |||
| Past Flags | Greece · Marshall Islands · Panama | [sources] | |||
| Previous name | Astro Cassiopeia · Auriga · Maran Cassiopeia | [sources] | |||
| Type | Crude Oil Tanker | [sources] | |||
| Source link | kse.ua · war-sanctions.gur.gov.ua · www.balticshipping.com · www.blackseanews.net · www.grassley.senate.gov · | [sources] | |||
| Last change | Last processed | First seen | |||
Transportation of fossil fuels
Transporting oil in violation of other restrictions
For experts: raw data explorer
OpenSanctions is free for non-commercial users. Businesses must acquire a data license to use the dataset.
| Linked to | ||||
|---|---|---|---|---|
| Object | Role | Start date | End date | |
| Shanghai Legendary Ship Management Co Ltd | Ship Safety Management Manager | - | ||
| Shanghai Legendary Ship Management Co Ltd | Commercial ship manager | - | ||
| Owners | ||||
|---|---|---|---|---|
| Owner | Percentage held | Start date | End date | |
| Ambra LTD с/о Shanghai Legendary Ship Management Co Ltd | - | - | ||