Keep updated
Get in touch
| Property | Value | Lang | Source dataset | Source ID | First seen | ||
|---|---|---|---|---|---|---|---|
Vessel:description | The vessel, through Stream Ship Management FZCO, Oil Tankers SCF MGMT FZCO, Sun Ship Management, SCF Management Services Cyprus Ltd, is affiliated with the sanctioned PJSC Sovcomflot, the largest state-owned shipping company in russia, a key company for servicing and supporting offshore hydrocarbon production, transportation of russian oil, oil products, and liquefied gas amid sanctions restrictions on russia after its full-scale invasion of Ukraine. The services provided by Sovcomflot are a significant source of income for russia, as more than 70% of russia's revenues come from the sale of energy, which allows it to finance its war against Ukraine. The main charterers of Sovcomflot vessels are the largest oil and gas companies and traders in russia. Sovcomflot is involved in servicing major oil and gas projects in russia: 'Sakhalin-1', 'Sakhalin-2', 'Varandey', 'Prirazlomnoye', 'Novy Port', 'Yamal LNG' and others. Prior to russia's full-scale invasion of Ukraine, the company's fleet consisted of about 145 vessels. After the sanctions were imposed, Sovcomflot transferred dozens of vessels to the ownership of companies it had set up, including in foreign jurisdictions, in order to circumvent them, and began the practice of constantly 'juggling' (transferring) vessels to related companies. According to expert estimates, the tankers 'transferred' by Sovcomflot to related companies are part of the so-called 'shadow tanker fleet' of the russian federation to continue selling russian oil, oil products, and liquefied gas under western sanctions. The tanker is operated by Sterling Ship Management (UAE), whose fleet includes 5 other oil tankers affiliated with Sovcomflot and registered under the flag of Panama, including CAPTAIN KOSTICHEV, ZALIV AMERIKA, VIKTOR TITOV, which are classified by Greenpeace as a shadow fleet of tankers transporting russian oil around the world and threatening the environment. | ua_war_sanctions | ua-ws-71fc82cc75da55bf5a1784290944240c27231552 | ||||
Vessel:description | During the period of the G7 and EU oil embargo and price-cap policy on russian oil, the tanker is involved in the export of russian oil from russia's ports in the Black Sea and the Pacific region, mainly to China and third countries. | ua_war_sanctions | ua-ws-71fc82cc75da55bf5a1784290944240c27231552 | ||||