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Britain imposes a package of sanctions against Russia's shadow fleet

Oct 17, 2024

The United Kingdom has announced the largest package of sanctions against Russia's shadowy oil tanker fleet. The new restrictions will affect 18 vessels, bringing the total number of blocked tankers to 43.

This was reported by RBC-Ukraine with reference to the press service of the British government.

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Tankers will be banned from accessing British ports and using the country's key maritime services. This step is aimed at combating attempts by the shadow fleet to circumvent sanctions and is a response to security threats and environmental risks associated with violations of ship operation standards.

These actions are part of a global initiative to combat the risks posed by the shadow fleet. The UK is working closely with the US, Canada, the EU and 44 European countries in this area.

Foreign Secretary David Lammy noted that these sanctions deal a serious blow to Russia's financial revenues. Over the past year alone, sanctioned oil tankers have transported about $4.9 billion worth of oil, which has significantly fueled the Russian war machine.

Lemmy also emphasized that Russia's largest shipping company, Sovcomflot, has been forced to change the names and cargoes of its vessels in an attempt to circumvent the sanctions.

In addition, the United Kingdom imposed sanctions on four liquefied natural gas tankers and the Russian gas company JSC Rusgazdobycha. These measures are aimed at further weakening the Russian gas industry, which has already suffered serious losses in 2023.

Author - Olena Madiak, 17/10/2024

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