The vessel is owned by the designated russian company Eco Shipping LLC (ООО "Эко Шиппинг"), which operates maritime and inland waterway transportation services in support of infrastructure construction projects in the Arctic zone of the russian federation. This includes support for the Arctic LNG-2 project, operated by the designated company Novatek (ПАО "Новатэк"), which is engaged in natural gas extraction and liquefied natural gas (LNG) production on the Gydan Peninsula. In May 2024, the United States imposed sanctions on vessels operated by Eco Shipping LLC, including Mangazeya.