Last Updated: January 19, 2026
WAVECREST MARITIME LIMITED
Address
Office 706, Jumeirah Bay X2 Tower, Cluster X, Jumeirah Lakes Towers, Dubai, P.O. Box 337188, United Arab Emirates
Reg. ID
IMO 6467819, Identification Number
Official reason
Wavecrest Maritime Limited (Wavecrest) is the registered owner of the Djibouti-flagged crude oil tanker Moti (IMO 9281011) which has made a port call in a Russian port where oil has consistently traded well above the $60 price cap. The Moti is considered to be part of the shadow fleet. Wavecrest is being designated pursuant to E.O. 14024 for operat...
Other Information
https://home.treasury.gov/news/press-releases/jy2777
Date of listing
2025-01-10
Program information
Authority
US
Program
Executive Order 14024 of April 15, 2021 Blocking Property With Respect To Specified Harmful Foreign Activities of the Government of the Russian Federation
Regime
OFAC country specific
Target State
Russia
Measures
Blocking Property, Suspending Entry, Trade sanctions
Sanctions Portfolio
• https://ofac.treasury.gov/faqs/1127 • https://ofac.treasury.gov/faqs/1029
Official Information
In response to the Russian Federation’s continued use of its military-industrial base to support its aggression against Ukraine, the President has issued an Executive Order (E.O.) amending E.O. 14024 that provides the Office of Foreign Assets Control (OFAC) with new authorities to target foreign financial institutions for engaging in certain transa...
Additional Details
SDN / NS-MBS / CAPTA
Program URL
1.https://www.federalregister.gov/documents/2021/04/19/2021-08098/blocking-property-with-respect-to-specified-harmful-foreign-activities-of-the-government-of-the 2.https://ofac.treasury.gov/media/932436/download?inline