UK sanctions 30 more tankers from Russia’s ghost fleet
The UK government says it has sanctioned 30 more vessels that are part of Russia’s ghost fleet.
With this decision, the number of Russian vessels sanctioned by the UK so far reaches 73.
David Lammy, the UK Foreign Secretary, described this decision on Monday, November 26, as the largest sanctions package against cargo ships and tankers that Russia uses to evade Western sanctions on its oil exports and to fund the war in Ukraine.
In addition, the UK government has sanctioned two Russian insurance companies for providing services to what is described as Russia’s ghost fleet.
According to Western officials, these vessels, also known as the shadow fleet, operate without legal insurance, are owned by suspicious individuals and companies, and use the flags of other countries to transport Russia’s oil and gasoline exports, helping Moscow circumvent sanctions related to energy export restrictions and the set price cap on oil exports.
