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CINDY

Person of interest
TypeVessel[sources]
NameCINDY[sources]
Build Date[sources]
Call SignE5U5300[sources]
Description'Shadow fleet' of the russian federation 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 threats to environmental safety with significant economic costs for coastal countries and/or the international community due to the outdated and inadequate insurance of shadow fleet tankers. · During the period of the G7 and EU oil embargo and the price-cap policy on russian oil, the tanker was involved in the export of russian oil from russian ports in the Baltic, Black seas, and the Pacific region, mainly to India and China. The tanker was also used to transport Iranian oil under sanctions. · Oil exports from russia are the most important source of income for the regime of the aggressor country to finance the war against Ukraine. From February 2022 to November 22, 2024, russia earned almost 546 billion euros in revenues from oil exports (69% of all revenues from fossil fuel exports). In 2023, about a third of all tax revenues in russia came from the sale of oil and gas. 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 the CREA data for October 2024, russia's revenues from crude oil exported by sea amounted to 210 million euros per day, 83% 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 17% of the total value of russian oil exported in October. · The international NGO Greenpeace refers to the tanker as part of a shadow fleet of tankers transporting russian oil around the world and threatening the environment. · The vessel is affiliated with Sun Ship Management, a sanctioned company associated with the sanctioned Sovcomflot, 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 sanctions restrictions on russia after its full-scale invasion of Ukraine. The services provided by Sovcomflot are a significant source of income for russia, as more than 70% of russia's revenues come from energy sales, 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 related 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 gas under western sanctions. · 3 more...[sources]
FlagCook Islands[sources]
IMO NumberIMO9270517[sources]
MMSI518999319[sources]
Past FlagsLiberia · Panama[sources]
Previous nameDream Vision · Krasnodar · Seagull[sources]
TypeCrude Oil Tanker[sources]
Source linkenergyandcleanair.org · energyandcleanair.org · kse.ua · war-sanctions.gur.gov.ua · www.blackseanews.net · 4 more...[sources]
Last changeLast processedFirst seen

Descriptions

Transportation of fossil fuels

Ukraine War and Sanctions,

Transporting russian oil in violation of other restrictions

Ukraine War and Sanctions,

Transportation of Iranian oil

Ukraine War and Sanctions,

Relationships

Data sources

Ukraine War and Sanctions1,905

Sponsors and accomplices of Russian armed aggression against Ukraine.

Ukraine · GUR


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