Sanctions

The US Treasury announced the introduction of sanctions against 13 foreign companies.

EU sanctions against russian oil and oil products will lead to a significant reduction in production in russia.

The sanctioned russian state-owned shipowner Sovcomflot (SCF Group) is planning a second issue of replacement bonds.

Russian federation is trying to negotiate with Western countries to exempt the state bank from sanctions. Such a request was voiced during the negotiations on the “grain agreement”.

Russia is actively building up a decommissioned “shadow” fleet to circumvent sanctions; insurers avoid former clients in moscow. As a result, the risk of accidents on outdated “shadow” vessels is increasing.

Oil and gas company “Lukoil” found an opportunity to circumvent sanctions on russian oil. For this purpose, it uses its capacities in Sicily.

Before the onset of winter, russia is trying to increase the volume of oil exports. For this, the terrorist country buys decommissioned tankers for the “shadow fleet”.

The yacht of the general director of the Rostec corporation, Sergey Chemezov, was detained while trying to illegally leave the port of Barcelona.

Tankers loaded with russian fuel oil anchored off Singapore and Malaysia before EU sanctions.

With just six weeks to go before European Union sanctions against russian oil come into effect, insurers still don’t know exactly how they will work.