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| Type | Vessel | [sources] | |||
|---|---|---|---|---|---|
| Name | LIETO | [sources] | |||
| Build Date | [sources] | ||||
| Call Sign | 8P2524 | [sources] | |||
| Description | 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. · RLRISE Moldova, a community of investigative journalists, programmers and activists from the Republic of Moldova and Romania, and the international NGO Greenpeace refer to the tanker as a shadow fleet of tankers transporting russian oil around the world and threatening the environment. · The tanker is involved in the export of russian crude oil/oil products to third countries from russian ports in the Baltic and Black Seas, conducting dark activities at sea with the AIS signal turned off, and violating the G7 and EU oil embargo on russian crude oil. In particular, in July 2023, the vessel exported russian oil/oil products from the russian port of Kavkaz in the Black Sea to the EU countries (to the Laconikos Gulf, Greece) through a transshipment in violation of the embargo. · The vessel is certified by the Indian Register of Shipping (IACS). · Under the sanctions, russia has begun to build up its own shadow fleet of outdated tankers, which has no 'ties' with the G7 and the EU and can transport oil in violation of price caps. russia disguises its shadow activities at sea under the 'convenient' flags of third countries, operates at sea without proper insurance from the international club of insurers, uses complex schemes to conceal the owners of the shadow fleet, uses various deceptive tactics to conceal the origin of its cargo, creates threats to environmental safety with large-scale economic costs for coastal countries due to the growing threat of oil spills, does not use pilots to navigate difficult areas, etc. · | [sources] | |||
| Flag | Barbados | [sources] | |||
| IMO Number | 9389679 | [sources] | |||
| MMSI | 314994000 | [sources] | |||
| Past Flags | Cook Islands · Marshall Islands · Palau | [sources] | |||
| Previous name | Acadia · Ace · Overseas Acadia | [sources] | |||
| Type | Crude Oil Tanker | [sources] | |||
| Source link | energyandcleanair.org · energyandcleanair.org · infobiz.md · kse.ua · war-sanctions.gur.gov.ua · | [sources] | |||
| Last change | Last processed | First seen | |||
Violation of the oil embargo
Transportation of fossil fuels
Transporting oil in violation of other restrictions
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| Linked to | ||||
|---|---|---|---|---|
| Object | Role | Start date | End date | |
| Flaming Star Corp | Commercial ship manager | - | ||
| BPC Shipmanagement SRL | Ship Safety Management Manager | - | ||
| Owners | ||||
|---|---|---|---|---|
| Owner | Percentage held | Start date | End date | |
| Flaming Star Corp | - | - | ||