Statements: Vega

Canonical ID: NK-jPKUgaAAEukAsk7bXNofPp · Entity type: Vessel (reference)

PropertyValueLangSource datasetSource IDFirst seen
Vessel:descriptionThe vessel, through its related companies, including Stream Ship Management FZCO, 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 natural gas amid sanctions restrictions on russia following its full-scale invasion of Ukraine. The services provided by Sovcomflot are a significant source of income for the russian federation, as more than 70% of russia's revenues come from energy sales, which allows it to finance its war against Ukraine. The main charterers of Sovcomflot's vessels are russia's largest oil and gas companies and traders. 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 imposition of sanctions, 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. The tankers ‘re-registered’ by Sovcomflot to related companies, according to expert estimates, 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-68f9a15b0240fc2e97dd2378d0d4fcef2e8a3ba9
Vessel:descriptionThe vessel is involved in the transportation of russian crude oil during the period of the G7 and EU oil embargo and price-cap policy on russian oil to third countries (in particular, India and Saudi Arabia) from the russian port of Primorsk in the Baltic Sea and russian ports in the Black Sea with the AIS signal turned off.ua_war_sanctionsua-ws-68f9a15b0240fc2e97dd2378d0d4fcef2e8a3ba9
Vessel:descriptionOn 11 September 2024, the United Kingdom imposed sanctions on 10 oil tankers (including the ‘Scf Vankor’ (former name)) related to the transportation of oil or oil products from russia to third countries.ua_war_sanctionsua-ws-68f9a15b0240fc2e97dd2378d0d4fcef2e8a3ba9
Vessel:descriptionThe tanker is certified by the Indian regulator Indian Register of Shipping (IACS).ua_war_sanctionsua-ws-68f9a15b0240fc2e97dd2378d0d4fcef2e8a3ba9
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