Statements: THESEUS

Canonical ID: ua-ws-b006464087ee3c75c055a106228d2d7865e789c8 · Entity type: Vessel (reference)

PropertyValueLangSource datasetSource IDFirst seen
Vessel:descriptionTankers operated/managed by India's Gatik Ship Management continue to be used by related companies and call at russian ports.ua_war_sanctionsua-ws-b006464087ee3c75c055a106228d2d7865e789c8
Vessel:descriptionThe tanker is certified by the Indian regulator Indian Register of Shipping (IACS).ua_war_sanctionsua-ws-b006464087ee3c75c055a106228d2d7865e789c8
Vessel:descriptionAlmost all vessels that are 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_sanctionsua-ws-b006464087ee3c75c055a106228d2d7865e789c8
Vessel:descriptionThe tanker 'THESEUS' is affiliated with the Indian company Gatik Ship Management, one of the leading operators of the so-called 'shadow fleet', which has become the largest carrier of russian oil under sanctions since the beginning of the full-scale war between russia and Ukraine.ua_war_sanctionsua-ws-b006464087ee3c75c055a106228d2d7865e789c8
Vessel:descriptionAs sanctions are being imposed, russia uses a scheme of "juggling" ships between related companies to conceal oil exports outside the 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_sanctionsua-ws-b006464087ee3c75c055a106228d2d7865e789c8
Vessel:descriptionAccording 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_sanctionsua-ws-b006464087ee3c75c055a106228d2d7865e789c8
Vessel:descriptionDuring the period of the G7 and EU oil embargo and the price-cap policy on russian oil, the tanker is involved in the export of russian crude oil to third countries from russian ports, including with the AIS system turned off.ua_war_sanctionsua-ws-b006464087ee3c75c055a106228d2d7865e789c8
Vessel:descriptionSince March 01, 2024, the owner and commercial manager of the tanker is an unknown company Campana Shipping Inc (Mauritius), the ISM manager is the Indian company Meegaman Maritime PVT LTD. The fleet of the shipowner and ISM-manager consists only of the tanker 'THESEUS' (IMO 9304825).ua_war_sanctionsua-ws-b006464087ee3c75c055a106228d2d7865e789c8
Vessel:descriptionThus, 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, 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.ua_war_sanctionsua-ws-b006464087ee3c75c055a106228d2d7865e789c8
Vessel:descriptionThe 'shadow' fleet, transporting huge volumes of crude oil through heavily trafficked routes through narrow straits close to the coastline, without proper P&I insurance, with automatic identification systems disabled, threatens an environmental disaster with significant economic costs to be borne by the affected coastal countries and/or the international community. The recent incidents off Malaysia only underscore the need for swift action to curb the potentially devastating impact of the growing 'shadow fleet'. 'Shadow' tankers have already been involved in 50 incidents from the Danish Straits all the way to Malaysia since russia's full-scale invasion of Ukraine.ua_war_sanctionsua-ws-b006464087ee3c75c055a106228d2d7865e789c8
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