Last Updated: January 19, 2026
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
Authority
US
Program
Executive Order 13662 of March 20, 2014 Blocking Property of Additional Persons Contributing to the Situation in Ukraine
Regime
OFAC country specific
Target State
Russia
Measures
Trade sanctions
Sanctions Portfolio
• https://ofac.treasury.gov/faqs/topic/1576
Official Information
E.O. 13662. On March 20, 2014, the President, invoking the authority of, inter alia, IEEPA, issued E.O. 13662. In E.O. 13662, the President expanded the scope of the national emergency declared in E.O. 13660 and expanded by E.O. 13661, finding that the actions and policies of the Government of the Russian Federation, including its purported annexat...
Additional Details
SSI / SDN
Program URL