Britain Tightens Control with New Shipping Sanctions on Russia
Britain has introduced 11 new shipping sanctions under its Russia sanctions regime, focusing on vessels transporting oil from Russia. The targeted ships, bearing flags of Panama, Gabon, and the Cook Islands, link to Western sanctions evasion. This comes after recent measures against Russia's 'shadow fleet'.
Britain has introduced 11 new shipping sanctions under its Russia sanctions regime, particularly targeting vessels involved in the transport of oil and oil products from Russia to third countries.
The official notice pointed out that the ships, including Zaliv Amurskiy and SCF Pechora, are believed to have the flags of Panama, Gabon, and the Cook Islands.
Last month, Britain initiated its first sanctions addressing vessels in Russian President Vladimir Putin's 'shadow fleet', suspected of circumventing Western sanctions on Russian oil trade. Additionally, Ingosstrakh, a service provider for Russian oil exporters, was added to the UK's list of designated entities by OFSI. The firm has indicated potential legal challenges to the sanctions.
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