SUN Ship Management is an international maritime Company, based in Dubai. Established in 2012 is multi-activity shipping company owned by UAE and russian nationals and managed by multinationals.

United Arab Emirates-based (UAE-based) SUN Ship Management D Ltd (SUN Ship) is owned by Government of Russia-owned fleet operator Joint Stock Company Sovcomflot (SCF) and manages vessels owned by SCF.

The Company Statement
February 14, 2023

The EU is discussing whether to sanction Dubai-based shipping company SUN Ship Management Ltd, which is suspected of helping Russia circumvent restrictions on its oil exports. The company is included in the sanction list of the US Treasury.

December 27, 2023US Imposes Sanctions On Sovcomflot Manager And Oil Traders For Breaching Russian Oil Price Cap
December 20, 2023Treasury Tightens the Price Cap with New Sanctions and Updated Guidance
December 20, 2023The United States has tightened measures to comply with the price ceiling for Russian oil
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