Russia is using Greek tankers to bypass sanctions - external intelligence.

The Ukrainian Foreign Intelligence Service reported that the Kremlin is using Greek tankers to finance its war against Ukraine. In particular, Latsco Marine Management Inc. owns and operates the tankers HELLAS FIGHTER and HELLAS AVATAR, which are heading to Brazilian and Portuguese ports. Both vessels sail under the Maltese flag and are insured by the Swedish company The Swedish Club.

Moreover, Greek shipowner Evangelos Marinakis controls companies involved in transporting Russian oil. He owns the tanker AKRISIOS, which is heading to the Brazilian port of Itacoatiara. This vessel is managed by Capital Ship Management Corp. and Capital Maritime&Trading Corp. The previous insurance for the tanker was provided by Steamship Mutual.

Sailing under the Maltese flag is the tanker AGIOS GERASIMOS, belonging to Eastern Mediterranean Maritime Ltd. The vessel is insured by the British insurer NorthStandart P&I Association and is heading to the Indian port of Mundra.

Additionally, part of this scheme is the tanker PORTOFINO, owned by Alberta Shipmanagement Ltd., which is moving to the Turkish port of Marmara-Ereglisi. The vessel has already performed 35 STS operations and has repeatedly turned off its AIS system. It is insured by the British association UK P&I Club.

All these tankers have insurance from P&I clubs, allowing them to easily enter international ports and continue commercial operations. Thus, P&I clubs help Russia generate profits from oil and gas exports and support its aggression against Ukraine.