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| Property | Value | Lang | Source dataset | Source ID | First seen | ||
|---|---|---|---|---|---|---|---|
Vessel:description | The shadow tanker fleet continues to provide multibillion-dollar revenues for the kremlin bypassing sanctions, poses significant environmental threats with significant economic costs to coastal countries and/or the international community due to the outdated and inadequate insurance of shadow fleet tankers. | ua_war_sanctions | ua-ws-c7c9926470dda18cd2761ff554ae5e2f14f3e4d0 | ||||
Vessel:description | The vessel is affiliated with Fractal Marine DMCC (UAE, under UK sanctions), one of the leading operators of the so-called shadow fleet involved in the export of russian crude oil/oil products in 2022-2023. The shipping company Fractal Marine DMCC (UAE) was established by former Socar CEO Mathieu Philippe as a subsidiary of the Swiss Fractal Shipping SA shortly before the G7 countries introduced a price-cap policy on russian oil after russia's full-scale invasion of Ukraine, and played a significant role in the transportation of russian oil. On February 22, 2024, United Kingdom imposed sanctions on Fractal Marine DMCC in connection with its involvement in servicing the russian energy sector. 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 the leading operators of the russian shadow fleet, which in early 2023 assembled a fleet of about 90 tankers, 90% of which transported russian oil/oil products from the Baltic and Black Sea ports of russia 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. India, UAE - the jurisdictions of the leading shadow fleet operators Fractal Marine DMCC, Gatik Ship Management and Radiating World Shipping Services LLC, have not joined the price-cap policy and do not apply restrictions to russian oil. Fractal Marine DMCC, Gatik Ship Management and Radiating World Shipping Services LLC in the tanker market helped russian oil to continue circulating around the world and the russian government to provide multibillion-dollar revenues bypassing the sanctions. After Fractal Marine was sanctioned, 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 established, in particular, in the UAE. Thus, the UAE-based Aizdihar Ship Charter FZCO took over 2 tankers that had previously been managed by Fractal Marine DMCC - IMO 9400980 and IMO 9417464. These vessels, managed by Aizdihar Ship Charter FZCO, continue to export russian oil/oil products from russian ports in the Baltic Sea. | ua_war_sanctions | ua-ws-c7c9926470dda18cd2761ff554ae5e2f14f3e4d0 | ||||
Vessel:description | During the period of the G7 and EU oil embargo and the price-cap policy on russian oil, the tanker is involved in the export of oil to third countries from russian ports, and resorts to the practice of turning off the AIS signal, conducting so-called 'dark activities' at sea. | ua_war_sanctions | ua-ws-c7c9926470dda18cd2761ff554ae5e2f14f3e4d0 | ||||
Vessel:description | During the period of the G7 and EU oil embargo and the price-cap policy on russian oil, the tanker is involved in the export of oil to third countries from russian ports, and resorts to the practice of turning off the AIS signal, conducting so-called 'dark activities' at sea. The vessel is affiliated with Fractal Marine DMCC (UAE, under UK sanctions), one of the leading operators of the so-called shadow fleet involved in the export of russian crude oil/oil products in 2022-2023. The shipping company Fractal Marine DMCC (UAE) was established by former Socar CEO Mathieu Philippe as a subsidiary of the Swiss Fractal Shipping SA shortly before the G7 countries introduced a price-cap policy on russian oil after russia's full-scale invasion of Ukraine, and played a significant role in the transportation of russian oil. On February 22, 2024, United Kingdom imposed sanctions on Fractal Marine DMCC in connection with its involvement in servicing the russian energy sector. 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 the leading operators of the russian shadow fleet, which in early 2023 assembled a fleet of about 90 tankers, 90% of which transported russian oil/oil products from the Baltic and Black Sea ports of russia 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. India, UAE - the jurisdictions of the leading shadow fleet operators Fractal Marine DMCC, Gatik Ship Management and Radiating World Shipping Services LLC, have not joined the price-cap policy and do not apply restrictions to russian oil. Fractal Marine DMCC, Gatik Ship Management and Radiating World Shipping Services LLC in the tanker market helped russian oil to continue circulating around the world and the russian government to provide multibillion-dollar revenues bypassing the sanctions. After Fractal Marine was sanctioned, 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 established, in particular, in the UAE. Thus, the UAE-based Aizdihar Ship Charter FZCO took over 2 tankers that had previously been managed by Fractal Marine DMCC - IMO 9400980 and IMO 9417464. These vessels, managed by Aizdihar Ship Charter FZCO, continue to export russian oil/oil products from russian ports in the Baltic Sea. The shadow tanker fleet continues to provide multibillion-dollar revenues for the kremlin bypassing sanctions, poses significant environmental threats with significant economic costs to coastal countries and/or the international community due to the outdated and inadequate insurance of shadow fleet tankers. | ua_war_sanctions_api | ua-ws-vessel-548 | ||||