Sanctions

Some EU member states are wary of imposing sanctions on ports in Georgia and Indonesia.

Russian government officials are threatening the European Union with “fatal consequences” if the EU begins blocking Russian ships in its own waters.

Britain, the Nordics and the Baltics are considering a joint action plan to seize tankers belonging to the so-called “shadow fleet.”

More and more tankers involved in the transportation of sanctioned oil and subject to US sanctions are increasingly being scrapped.

Currently, ships around the world are transporting 290 million barrels of Russian and Iranian oil under sanctions.

The new sanctions apply to 91 ships that are part of the Russian Federation’s so-called “shadow fleet.”

The United States may lift sanctions on Russian oil in the event of a “peaceful settlement” of the Russian-Ukrainian war.

Ukraine calls on partners to significantly strengthen sanctions against tankers of the Russian “shadow fleet”.

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.