Tanzanian-Flagged Tanker Sanctioned by UN

The United Nation Security Council’s Committee on Libya has added an oil product tanker Capricorn to its list of individuals and entities subject to the assets freeze. 

The Tanzanian-flagged vessel Capricorn (IMO: 8900878) was listed on 21 July 2017, on the grounds of “illegal” transportation of gasoil, a refined petroleum product.

The product was “illicitly exported from Libya” based on information received from the country’s government, the UN said.

Due to the sanctioning, the small clean tanker has been prohibited to load, transport or discharge cargo, and has been barred from entering any ports.

According to the committee, the designation is valid from 21 July to 21 October 2017.

As of 16 July 2017, the vessel was located offshore Cyprus.

The 4,400 DWT tanker, built in 1989 is owned by UAE-based Etihad, according to the data provided by VesselsValue. The ship is valued at USD 1.03 million.

The company has eight oil tankers in its fleet.