Search OpenSanctions

Advanced

TYCHE 1

Person of interest
TypeVessel[sources]
NameTYCHE 1[sources]
Build Date[sources]
Call Sign3E2739[sources]
DescriptionFractal 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. · 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. · 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 commercial management of the vessel is carried out by the Turkish company Westanker Ltd, which is included in the list of 11 new 'players' in the Turkish segment of the russian shadow fleet management, which together since the beginning of 2024 have been managing 47 tankers and helping russia to circumvent the price ceiling regime for russian oil. Thus, on the same day (February 22, 2024), six oil tankers ІМО 9308077, ІМО 9321677, ІМО 9282508, ІМО 9390587, ІМО 9413004, ІМО 9326885, which were operated by the sanctioned company Fractal Marine DMCC, were transferred to the management of the Turkish company Westanker Ltd. All six tankers in 2024 are actively involved in the transportation of russian oil from russian ports in the Black, Baltic Seas and Arctic regions of russia. · The international NGO Greenpeace refers to the tanker as part of the shadow fleet of tankers that transport russian oil around the world and threaten the environment. · 1 more...[sources]
FlagPanama[sources]
IMO NumberIMO9308077[sources]
MMSI352001823[sources]
Past FlagsBahamas · Norway[sources]
Previous nameNavion Gothenburg · Roviken[sources]
Tonnage150980[sources]
TypeCrude Oil Tanker[sources]
Source linkenergyandcleanair.org · energyandcleanair.org · kse.ua · mind.ua · splash247.com · 9 more...[sources]
Last changeLast processedFirst seen

Descriptions

Violation of the oil embargo

— Ukraine War and Sanctions,

Transportation of fossil fuels

— Ukraine War and Sanctions,

Relationships

Data sources

Ukraine War and Sanctions3,547

Sponsors and accomplices of Russian armed aggression against Ukraine.

Ukraine · GUR

For experts: raw data explorer

FactsheetDescriptionsData sources
OpenSanctions · Find sanctions targets and persons of interest
OpenSanctions Datenbanken GmbH · info@opensanctions.org · https://opensanctions.org/meeting