Sanctions

After the tightening of sanctions against stateless vessels, more and more tankers of the “shadow fleet” are being re-registered in Russia.

Athens and Valletta fear that replacing the “price ceiling” mechanism with a complete ban on maritime and insurance services could hit shipping.

The Russian oil and gas corporation planned to diversify its business through grain trading in Dubai, but US sanctions thwarted the project before operations could begin.

The European Union is proposing to expand sanctions against Russia and impose sanctions on Russian oil for the first time, with restrictions on ports in third countries.

The European Union has changed its assessment of market risks and is considering a proposal to completely ban maritime services for Russian oil tankers as a strengthening of existing restrictions.

Despite sanctions, EU shipowners remain key players in Russian oil logistics.

Discussions with the G7 countries on maritime sanctions have been ongoing all week, and have caused a delay in the announcement of the 20th package of EU sanctions against Russia.

President of Ukraine Volodymyr Zelenskyy stated the need to strengthen the counteraction to the Russian tanker fleet, which “uses European jurisdictions.” Zelenskyy said this during an evening address. According to him, Russia continues to use international jurisdictions and cover companies. During 2025 alone, Russia attracted more than 122 vessels under the control of European legal owners and…

The President of Ukraine has signed a decree on the introduction of sanctions against companies that service the Russian tanker fleet and transport oil.

In the US, the Senate Foreign Relations Committee approved a bipartisan bill that should introduce tougher liability for sanctioned vessels carrying Russian oil.