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Lieto

Person of interest · Sanctioned entity
TypeVessel[sources]
NameLIETO · Lieto[sources]
Build Date[sources]
Call Sign8P2524[sources]
DescriptionOil 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. · RLRISE Moldova, a community of investigative journalists, programmers and activists from the Republic of Moldova and Romania, and the international NGO Greenpeace refer to the tanker as a shadow fleet of tankers transporting russian oil around the world and threatening the environment. · The tanker is involved in the export of russian crude oil/oil products to third countries from russian ports in the Baltic and Black Seas, conducting dark activities at sea with the AIS signal turned off, and violating the G7 and EU oil embargo on russian crude oil. In particular, in July 2023, the vessel exported russian oil/oil products from the russian port of Kavkaz in the Black Sea to the EU countries (to the Laconikos Gulf, Greece) through a transshipment in violation of the embargo. · The vessel is certified by the Indian Register of Shipping (IACS). · Under the sanctions, russia has begun to build up its own shadow fleet of outdated tankers, which has no 'ties' with the G7 and the EU and can transport oil in violation of price caps. russia disguises its shadow activities at sea under the 'convenient' flags of third countries, operates at sea without proper insurance from the international club of insurers, uses complex schemes to conceal the owners of the shadow fleet, uses various deceptive tactics to conceal the origin of its cargo, creates threats to environmental safety with large-scale economic costs for coastal countries due to the growing threat of oil spills, does not use pilots to navigate difficult areas, etc. · 1 more...[sources]
FlagBarbados[sources]
IMO NumberIMO9389679[sources]
MMSI314994000[sources]
Past FlagsCook Islands · Marshall Islands · Palau[sources]
Previous nameAcadia · Ace · Overseas Acadia[sources]
Tonnage113005[sources]
TypeCrude Oil Tanker · Oil Tanker[sources]
Source linkenergyandcleanair.org · energyandcleanair.org · eur-lex.europa.eu · infobiz.md · kse.ua · 9 more...[sources]
Last changeLast processedFirst seen

Descriptions

Article 4x(2), point (b): transport crude oil or petroleum products, as listed in Annex XIII, that originate in Russia or are exported from Russia while practicing irregular and high-risk shipping practices as set out in the International Maritime Organisation General Assembly resolution A.1192(33)

EU Council Official Journal Sanctioned Entities,

Shipping sanctions: a specified ship is prohibited from being provided with access to or having its master or pilot cause it to enter a port in the UK, may have its registration on the UK Ship Register terminated, and a master or pilot of a specified ship may be given a port barring direction, a detention direction, and a port entry direction or a movement direction.

UK FCDO Sanctions List,

Violation of the oil embargo

Ukraine War and Sanctions,

Transportation of fossil fuels

Ukraine War and Sanctions,

Relationships

Data sources

UK FCDO Sanctions List5,240

UK sanctions collated by the Foreign, Commonwealth & Development Office

United Kingdom · FCDO

EU Council Official Journal Sanctioned Entities1,448

Supplemental list of people, companies, and organizations sanctioned for involvement in Russia's invasion of Ukraine.

European Union · Council

Ukraine War and Sanctions3,526

Sponsors and accomplices of Russian armed aggression against Ukraine.

Ukraine · GUR


Source data IDs: gb-fcdo-rus2720 · ua-ws-a9f7c0b67c2a99d92163bfd06d760a5f6dd9c646 · eu-oj-ece86a585f055e09c0dc7e7468702a8ad35908d8

For experts: raw data explorer