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| Type | Vessel | [sources] | |||
|---|---|---|---|---|---|
| Name | TYCHE 1 | [sources] | |||
| Build Date | [sources] | ||||
| Call Sign | 3E2739 | [sources] | |||
| Description | Fractal Marine DMCC (UAE, under UK sanctions) is one of the leading operators of the russian shadow fleet in 2022-2023, and played a significant role in the transportation of russian oil. Fractal Marine DMCC operated a fleet of 28 tankers as an intermediary between ship owners and charterers. Fractal Marine DMCC, together with Gatik Ship Management (India) and Radiating World Shipping Services LLC (UAE, under UK sanctions), are considered to be the leading operators of the russian shadow fleet, which in early 2023 assembled a fleet of about 90 tankers, 90% of which transported russia's oil/oil products from russian Baltic and Black seas ports to India, China, Turkey, the Middle East, Africa and South America. In less than a year, the $2 billion fleet of oil tankers assembled by Fractal and Gatik could transport more than 40 million barrels of oil/oil products. Fractal Marine DMCC, Gatik Ship Management and Radiating World Shipping Services LLC in the tanker market helped russian oil continue to circulate around the world, and the russian government to provide multibillion-dollar revenues bypassing sanctions. · 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 oil export revenues (69% of all fossil fuel export revenues). 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. · On February 22, 2024, the United Kingdom imposed sanctions on Fractal Marine DMCC in connection with its involvement in servicing the russian energy sector. After the sanctions were imposed, Fractal Marine DMCC tried to challenge the sanctions imposed by the United Kingdom but lost in court. After that, the company 're-signed' its fleet to other companies. · Shadow fleet of russia continues to generate 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. · Since September 2022 and during the period of the G7 and EU oil embargo and price-cap policy on russian oil, the tanker has been involved in exporting russian oil from russian ports in the Baltic and Black Seas to India, mainly, and has also been involved in violating the G7 and EU embargo. In particular, in March 2023, it was transporting russian oil from the russian port of Kavkaz in the Black Sea to the EU countries (Laconikos Gulf, Greece). The vessel is certified by DNV (IACS). · | [sources] | |||
| Flag | Panama | [sources] | |||
| IMO Number | IMO9308077 | [sources] | |||
| MMSI | 352001823 | [sources] | |||
| Past Flags | Bahamas · Norway | [sources] | |||
| Previous name | Navion Gothenburg · Roviken | [sources] | |||
| Type | Crude Oil Tanker | [sources] | |||
| Source link | energyandcleanair.org · energyandcleanair.org · kse.ua · mind.ua · splash247.com · | [sources] | |||
| Last change | Last processed | First seen | |||
Violation of the oil embargo
Transportation of fossil fuels
Sponsors and accomplices of Russian armed aggression against Ukraine.
Ukraine · GUR
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| Linked to | ||||
|---|---|---|---|---|
| Object | Role | Start date | End date | |
| Wanta Shipping LLC-FZ | Ship Safety Management Manager | - | ||
| WesTanker LTD | Commercial ship manager | - | ||
| Owners | ||||
|---|---|---|---|---|
| Owner | Percentage held | Start date | End date | |
| Silver Trevally Inc с/о WesTanker LTD | - | - | ||