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| Property | Value | Lang | Source dataset | Source ID | First seen | ||
|---|---|---|---|---|---|---|---|
Vessel:description | During the period of the G7 and EU oil embargo and the price-cap policy on russian crude oil, the tanker is involved in the export of russian oil to third countries from russian ports, including with the AIS signal turned off. | ua_war_sanctions | ua-ws-40e35fcd467b8c7c368b41c004bb84b7cd6f4828 | ||||
Vessel:description | The vessel through related companies, in particular Stream Ship Management FZCO, sanctioned Oil Tankers SCF MGMT FZCO, Sun Ship Management, SCF Management Services LTD, is affiliated with the sanctioned PJSC 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. | ua_war_sanctions | ua-ws-40e35fcd467b8c7c368b41c004bb84b7cd6f4828 | ||||
Vessel:description | Almost all vessels involved in the transportation of russian oil by the 'shadow fleet' since 2022 have been certified by the Indian regulator Indian Register of Shipping (IACS). The certification of 'shadow fleet' vessels allows the shipowner/operator to insure the vessels, which, in turn, allows the vessels to enter ports and pass through various specific sea routes (straits, canals, etc.). | ua_war_sanctions | ua-ws-40e35fcd467b8c7c368b41c004bb84b7cd6f4828 | ||||
Vessel:description | Thus, the '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. | ua_war_sanctions | ua-ws-40e35fcd467b8c7c368b41c004bb84b7cd6f4828 | ||||
Vessel:description | As sanctions are being imposed, russia uses a scheme of 'juggling' ships between related companies to conceal oil exports outside price-cap and other restrictions, as well as to hide the real owners of ships, and to ensure unimpeded transportation of fossil fuels by a 'shadow' fleet of obsolete oil tankers, creates new companies for these purposes (in the UAE, Hong Kong, India, Turkey, Mauritius, Seychelles, and other jurisdictions) with non-transparent organizational and ownership structures. In order to implement this scheme, technical/commercial management and ship owners are constantly changing, and vessels are renamed with a change of flag, MMSI, call-sign, including for sanctioned vessels. Shadow fleet vessels operate under 'convenient flags', which allows them to conceal their true origin and avoid control by international organizations and insurance companies. | ua_war_sanctions | ua-ws-40e35fcd467b8c7c368b41c004bb84b7cd6f4828 | ||||
Vessel:description | According to CREA, from January to August 2024, the number of 'shadow' tankers crossing the Danish Straits in Europe increased by 277% compared to the same period in 2022, with 64% of the 46 million tons of russian marine oil transported through the Danish Straits being transported by 'shadow tankers'. In the same period, the number of shadow tankers in the Straits of Dover and Gibraltar increased by 355% compared to 2022, transporting 67% of the 37 million tons of oil through the straits. The Suez Canal experienced a staggering 649% increase in shadow tanker traffic, with 69% of the 52 million tons of russian crude oil passing through it being transported by these vessels. | ua_war_sanctions | ua-ws-40e35fcd467b8c7c368b41c004bb84b7cd6f4828 | ||||
Vessel:description | The tanker is certified by the Indian regulator Indian Register of Shipping (IACS). | ua_war_sanctions | ua-ws-40e35fcd467b8c7c368b41c004bb84b7cd6f4828 | ||||