Achilles Vessel Reviews and Specifications

In a significant development, the U.S. Treasury Department announced sanctions in the final week of July 2025 against over 115 individuals, entities, and vessels linked to Iran and engaged in the transportation of Russian oil. Among the impacted vessels are three tankers, namely 'Tagor', 'Guanyin', and 'Tassos', all of which were slated to deliver Russian oil to Indian ports this month. According to trade sources and Russian shipping data, the 'Tagor' was intended for Chennai, while the 'Guanyin' and 'Tassos' were off to western Indian ports. These sanctions aim to undermine Russia’s oil revenue, which is perceived as a financial backbone for its ongoing military actions in Ukraine, thereby affecting Indian imports, as the nation derives over a third of its oil supply from Russia. Following the sanctions, the 'Tagor' altered its course to Dalian, while the 'Tassos' redirected to Port Said. The 'Guanyin', however, continued its journey towards Sikka—a port utilized by Reliance Industries (RELI.NS) and Bharat Petroleum Corp Ltd (BPCL.NS). Additionally, other sanctioned tankers, 'Achilles' and 'Elyte', are in the process of preparing to unload Russian Urals oil for Reliance, both of which have been subjected to sanctions by the UK and the European Union.