MG-Flot LLC is linked to Astrakhan businessman Jamaldin Emirmagomedovich Pashayev (Джамалдін Емірмагомедович Пашаєв), who built his business around the commercial port of Olya in the Astrakhan region. This location was promoted as a key logistics hub for the North– South International Transport Corridor, the creation and construction of which was overseen and controlled by former russian Prime Minister Mikhail Fradkov. The corridor’s primary purpose was to facilitate trade with sanctioned Iran, enabling it to import and export goods via the North– South route.
The vessel is owned by the sanctioned russian maritime shipping company MG-Flot LLC (ООО "МГ-Флот", formerly Transmorflot LLC – ООО "Трансморфлот"). In May 2022, the United States imposed sanctions on Transmorflot LLC (ООО "Трансморфлот") and on its vessels involved in the transportation of weapons for the russian federation. MG-Flot LLC is linked to Astrakhan businessman Jamaldin Emirmagomedovich Pashayev (Джамалдін Емірмагомедович Пашаєв), who built his business around the commercial port of Olya in the Astrakhan region. This location was promoted as a key logistics hub for the North– South International Transport Corridor, the creation and construction of which was overseen and controlled by former russian Prime Minister Mikhail Fradkov. The corridor’s primary purpose was to facilitate trade with sanctioned Iran, enabling it to import and export goods via the North– South route.
In May 2022, the United States imposed sanctions on Transmorflot LLC (ООО "Трансморфлот") and on its vessels involved in the transportation of weapons for the russian federation.