In June 2025Canada imposed sanctions on the tanker NASIMI (IMO 9397676) due to its role in transporting Russian crude oil and petroleum products from the floating storage unit FSO Yuri Korchagin (IMO 9448968)—operated by Lukoil‑Nizhnevolzhskneft, a subsidiary of the sanctioned Russian company LUKOIL War & Sanctions+1.

  • The tanker has been involved in what’s termed a “dark activity” near Makhachkala, including disabling its Automatic Identification System (AIS)

  • Which Company Owns or Manages NASIMI?
    The registered owner of NASIMI is listed as Olympus International Shipping, operating care of Azerbaijan Caspian Shipping Company (ASCO) since 16 September 2014 War & Sanctionsships.jobmarineman.com.
    The commercial manager and ship safety management (ISM) manager for NASIMI have been Azerbaijan Caspian Shipping since September and November 2014, respectively War & Sanctionsships.jobmarineman.com.
    Azerbaijan Caspian Shipping Company (ASCO) is a state-owned Azerbaijani shipping company, under AZCON Holding, and has been operational since the 2013 merger of the country’s two main fleets 

  • Who Is the Head (Chairman) of ASCO?
    The current Chairman of ASCO (Azerbaijan Caspian Shipping Company) is Rauf Valiyev Wikipedia.
    Mr. Valiyev was born in 1965 in Charkhan, Jabrayil region. He graduated in 1990 from the Leningrad Water Transport Institute, and in 2004 from the Azerbaijan Academy of Public Administration under the President of Azerbaijan asco.az.
    From 1990 to 1997, he held various roles such as structural engineer, quality control engineer, group head, and deputy head of international relations at the Caspian Sea Oil Fleet. Between 2006 and 2013, he served as head of the Fleet Affairs and Transport Departments at SOCAR (the State Oil Company of Azerbaijan) asco.az.
    On 22 October 2013, he was appointed as the Chairman of ASCO by presidential decree. He also holds the honorary title “Honored Engineer” (awarded in 2011) and the “Labor Order, 2nd degree” (awarded in 2018) asco.az.

Olympus International Shipping Ltd is registered at the following address:

M. Rasulzade Street 5, Baku, Azerbaijan

This address is also associated with the Azerbaijan Caspian Shipping Company (ASCO), which operates closely with Olympus International Shipping. ASCO’s head office is located at the same address.

The tanker “Nasimi”, owned by Olympus International Shipping Ltd, is managed by ASCO. ASCO is a state-owned shipping company under the Azerbaijan State Oil Company (SOCAR).