The tanker has been implicated in the transportation of sanctioned Iranian oil, in particular to China, in the use of deceptive shipping practices, and in conducting dark activities near Malaysia. The vessel transported more than 1.6 million barrels of Iranian condensate to buyers in China on behalf of the sanctioned China Concord Petroleum Company and the National Iranian Oil Company (NIOC) in April 2024. The National Iranian Oil Company (NIOC) is one of the largest oil and gas companies in the world and is controlled by the Iranian Ministry of Oil. NIOC and its subsidiaries are engaged in the exploration, production, transportation, refining, and export of oil and natural gas in Iran. NIOC’s oil deals, including those of its subsidiaries, are used to generate revenue for the Islamic Revolutionary Guard Corps – Qods Force (IRGC-QF) and Hizballah. On February 15, 2022, United Against Nuclear Iran (UANI) identified two crude oil tankers transporting Iranian crude oil via ship-to-ship (STS) transfer, with the Automatic Identification System (AIS) turned off, in the waters east of Singapore: LATIN VENTURE (formerly known as PACIFIC BRAVO, IMO 9206035) and FT ISLAND (formerly known as CCPC VANGUARD, IMO 9166675). On February 17, 2022, the vessel reappeared east of the STS relocation site. On December 3, 2024, the United States imposed sanctions on the vessel.