Russian oil tanker Boracay resumes voyage after being seized by France

After being intercepted by the French navy, the Boracay oil tanker, linked to Russia's shadow fleet, left Saint-Nazaire with its oil cargo, reigniting tensions over Moscow’s circumvention of European sanctions.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

The Boracay oil tanker, seized off the French coast last Saturday, resumed its voyage during the night from Thursday to Friday, according to data from maritime tracking systems. The vessel had been redirected to Saint-Nazaire as part of a judicial operation concerning inconsistencies in its declared nationality and the absence of a flag, characteristics typical of ships belonging to the so-called “shadow fleet” used by Russia to bypass Western sanctions.

Boracay was carrying a cargo bound for India

According to information from the French judiciary, the tanker was carrying a shipment of oil originating from the port of Primorsk, near Saint Petersburg, and was initially en route to Vadinar, India. This city hosts the country’s second-largest refinery, operated by Nayara Energy Limited, a company 49% owned by Russian oil giant Rosneft. The destination is included in the 18th package of European sanctions introduced in July.

The ship’s captain and his first officer, both Chinese nationals, were taken into custody and later released on Thursday. The captain is expected to appear before the Brest court in February for disobeying orders, while no charges have been filed against his first officer.

Paris intensifies its obstruction policy

The seizure of the Boracay is part of what the Élysée has called a “policy of obstruction” targeting maritime flows contributing to Russia’s financial capacity to wage war in Ukraine. French President Emmanuel Macron stated that this clandestine fleet generates more than EUR30bn ($32.24bn) annually, accounting for up to 40% of Moscow’s wartime revenues.

During a European summit in Copenhagen, Macron announced an upcoming meeting of military chiefs of staff, coordinated with the North Atlantic Treaty Organization (NATO), aimed at developing a joint response under the framework of the Coalition of the Willing to provide security guarantees to Ukraine.

A fleet difficult to trace

The Boracay, a 244-metre-long tanker built in 2007, exemplifies the difficulty of tracking such vessels. Data shows it has operated under at least seven different flags, including those of Liberia, Djibouti, and Hong Kong. Frequent changes in registration, the use of offshore-based owners, and the regular deactivation of transponders make identification and tracking complex.

A total of 444 vessels are currently subject to European Union sanctions. A military source indicated that between 10 and 15 shadow fleet tankers pass off the coast of Brest each day.

Accusations rejected by Moscow

Russian President Vladimir Putin described the Boracay’s seizure as “piracy”, claiming the vessel was in international waters and carried no military goods. While denying any direct Russian involvement, he accused France of provoking an escalation without legal grounds.

Additionally, there has been speculation about a possible link between the Boracay and drone flyovers reported in Denmark in late September. No evidence has been provided to support such a connection, and French authorities have not launched an investigation on that matter.

Subsea7 has secured a subsea installation contract from LLOG for the Buckskin South project, scheduled for execution between 2026 and 2027, strengthening its position in the Gulf of Mexico and boosting its order book visibility.
Global crude oil production is expected to rise by 0.8 million barrels per day in 2026, with Brazil, Guyana and Argentina contributing 50% of the projected increase.
Woodbridge Ventures II Inc. signs definitive agreement with Greenflame Resources for a transformative merger, alongside a concurrent financing of up to $10mn.
Interceptions of ships linked to Venezuelan oil are increasing, pushing shipowners to suspend operations as PDVSA struggles to recover from a cyberattack that disrupted its logistical systems.
Harbour Energy acquires US offshore operator LLOG for $3.2bn, adding 271 million barrels in reserves and establishing a fifth operational hub in the Gulf of Mexico.
The agreement signed with Afreximbank marks a strategic shift for Heirs Energies, aiming to scale up its exploration and production operations on Nigeria's OML 17 oil block.
Oritsemeyiwa Eyesan’s appointment as head of Nigeria’s oil regulator marks a strategic shift as the country targets $10bn in upstream investment through regulatory reform and transparent licensing.
Baghdad states that all international companies operating in Kurdistan’s oil fields must transfer their production to state marketer SOMO, under the agreement signed with Erbil in September.
Chinese oil group CNOOC continues its expansion strategy with a new production start-up in the Pearl River Basin, marking its ninth offshore launch in 2025.
A train carrying over 1,200 tonnes of gasoline produced in Azerbaijan entered Armenia on December 19, marking the first commercial operation since recent conflicts, with concrete implications for regional transit.
Subsea 7 has secured a new extension of its frame agreement with Equinor for subsea inspection, maintenance and repair services through 2027, deploying the Seven Viking vessel on the Norwegian Continental Shelf.
Caracas says Iran has offered reinforced cooperation after the interception of two ships carrying Venezuelan crude, amid escalating tensions with the United States.
US authorities intercepted a second oil tanker carrying Venezuelan crude, escalating pressure on Caracas amid accusations of trafficking and tensions over sanctioned oil exports.
California Resources Corporation completed an all-stock asset transfer with Berry Corporation, strengthening its oil portfolio in California and adding strategic exposure in the Uinta Basin.
The Ugandan government aims to authorise its national oil company to borrow $2 billion from Vitol to fund strategic projects, combining investments in oil infrastructure with support for national logistics needs.
British company BP appoints Meg O'Neill as CEO to lead its strategic refocus on fossil fuels, following the abandonment of its climate ambitions and the early departure of Murray Auchincloss.
The Venezuelan national oil company has confirmed the continuity of its crude exports, as the United States enforces a maritime blockade targeting sanctioned vessels operating around the country.
Baker Hughes will supply advanced artificial lift systems to Kuwait Oil Company to enhance production through integrated digital technologies.
The United States has implemented a full blockade on sanctioned tankers linked to Venezuela, escalating restrictions on the South American country's oil flows.
Deliveries of energy petroleum products fell by 4.5% in November, driven down by a sharp decline in diesel, while jet fuel continues its growth beyond pre-pandemic levels.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.