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OCEAN PERI

Person of interest
TypeVessel[sources]
NameOCEAN PERI[sources]
Build Date[sources]
Call SignT8A3730[sources]
DescriptionAgainst the backdrop of sanctions, russia is using 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well as to hide the real owners of ships, and to ensure unimpeded transportation of fossil fuels by a 'shadow' fleet of outdated oil tankers, creates new companies for these purposes (in the UAE, Hong Kong, India, Turkey, Mauritius, Seychelles, and other jurisdictions) with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. · 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.). · During 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 oil to third countries from russian ports in the Baltic and Black Seas, and resorts to the practice of turning off the AIS signal and conducting so-called 'dark activities' at sea (in the Kerch Strait in the Black Sea, off the southern coast of India). · 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 russia 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. · The 'shadow' fleet, transporting huge volumes of crude oil through heavily trafficked routes through narrow straits near the coastline, without proper P&I insurance, with the automatic identification system turned off, threatens an environmental disaster with significant economic costs to be borne by the affected coastal countries and/or the international community. · 3 more...[sources]
FlagPalau[sources]
IMO Number9194995[sources]
MMSI511100566[sources]
Past FlagsCayman Islands[sources]
Previous nameMajestic · Nordic Sirius[sources]
TypeCrude Oil Tanker[sources]
Source linkkse.ua · war-sanctions.gur.gov.ua · www.balticshipping.com · www.blackseanews.net · www.blackseanews.net · 2 more...[sources]
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Descriptions

Transporting oil in violation of other restrictions

Ukraine War and Sanctions,

Transportation of fossil fuels

Ukraine War and Sanctions,

Relationships

Data sources

Ukraine War and Sanctions1,552

Sponsors and accomplices of Russian armed aggression against Ukraine.

Ukraine · GUR


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