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LI BAI

Person of interest
TypeVessel[sources]
NameLI BAI[sources]
Build Date[sources]
Call Sign3E4641[sources]
DescriptionDuring the period of the G7 and EU oil embargo and the price-cap policy on russian oil, the tanker has been involved in the export of russian oil to third countries from russian ports, including with the AIS signal turned off. · 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 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 environmental threats with significant economic costs to coastal countries and/or the international community due to the outdated and inadequate insurance of shadow fleet tankers. · The tanker is certified by the Indian regulator Indian Register of Shipping (IACS). · The vessel is affiliated with the ISM manager, the Indian company BRAVO MARINE PVT LTD, which manages the security of another tanker YANGTZE (IMO 9274800), which is a member of the shadow fleet involved in the export of russian oil and is affiliated with the Indian company Gatik Ship Management, one of the leading operators of the so-called 'shadow' fleet involved in the transportation of russian crude oil under western sanctions. · 1 more...[sources]
FlagPanama[sources]
IMO NumberIMO9589750[sources]
MMSI352002861[sources]
Past FlagsMarshall Islands[sources]
Previous nameMelodia · Rio Arauca[sources]
TypeCrude Oil Tanker[sources]
Source linkenergyandcleanair.org · energyandcleanair.org · kse.ua · war-sanctions.gur.gov.ua · www.balticshipping.com · 7 more...[sources]
Last changeLast processedFirst seen

Descriptions

Transporting russian oil in violation of other restrictions

Ukraine War and Sanctions,

Transportation of fossil fuels

Ukraine War and Sanctions,

Relationships

Data sources

Ukraine War and Sanctions1,905

Sponsors and accomplices of Russian armed aggression against Ukraine.

Ukraine · GUR


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