Statements: Kaliningrad

Canonical ID: NK-UJMcUhv6DSKHZzj4QtbXdy · Entity type: Vessel (reference)

PropertyValueLangSource datasetSource IDFirst seen
Vessel:descriptionThe vessel is owned by Waterfront Tankers Inc, a company 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 natural gas amid sanctions restrictions on russia following its full-scale invasion of Ukraine.ua_war_sanctionsua-ws-eb63035d09edb46e1f9069f088bf12259102f142
Vessel:descriptionThe vessel is engaged in transportation of russian crude oil during the period of the G7 and EU oil embargo on russian oil.ua_war_sanctionsua-ws-eb63035d09edb46e1f9069f088bf12259102f142
Vessel:descriptionThe 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.ua_war_sanctionsua-ws-eb63035d09edb46e1f9069f088bf12259102f142
Vessel:descriptionThe tanker is managed by Invest Fleet LLC, a russian company established in December 2023. Invest Fleet LLC is managed by the russian LLC SCF Arctica, a subsidiary of the sanctioned PJSC Sovcomflot.ua_war_sanctionsua-ws-eb63035d09edb46e1f9069f088bf12259102f142
Vessel:descriptionIn February 2024, USA imposed sanctions on 14 vessels (including the "Kaliningrad") affiliated with the sanctioned company Sovcomflot as part of measures to reduce russia's oil revenues.ua_war_sanctionsua-ws-eb63035d09edb46e1f9069f088bf12259102f142
Vessel:descriptionThe services provided by Sovcomflot are a significant source of income for the russian federation, as more than 70% of russia's revenues come from the sale of energy, which allows it to finance its war against Ukraine.ua_war_sanctionsua-ws-eb63035d09edb46e1f9069f088bf12259102f142
Vessel:descriptionThe vessel was also sanctioned by the EU in June 2024 and by Switzerland in October 2024.ua_war_sanctionsua-ws-eb63035d09edb46e1f9069f088bf12259102f142
Vessel:descriptionPrior 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.ua_war_sanctionsua-ws-eb63035d09edb46e1f9069f088bf12259102f142
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