European Council Imposes Sanctions on 41 Russian “Shadow Fleet” Vessels

European Council Imposes Sanctions on 41 Russian “Shadow Fleet” Vessels

The European Council has adopted sanctions against 41 vessels that are part of Russia’s “shadow fleet” of oil tankers, the European Union magazine reported. These measures target non-EU tankers that circumvent the oil price cap mechanism and vessels responsible for transporting military equipment, stolen Ukrainian grain, and cultural property from Ukraine.

The EU has imposed a ban on access to ports and a wide range of services related to maritime transport for these 41 vessels. This move is part of a broader effort to increase pressure on Russia and its shadow naval value chain, including by imposing further sanctions. The total number of identified “shadow fleet” vessels subject to economic restrictions has increased to almost 600.

The EU’s decision follows the December 15 imposition of new sanctions against nine individuals and organizations that facilitate the operation of Russia’s so-called shadow fleet. This list includes businessmen linked to Russian state oil companies Rosneft and Lukoil, who control vessels transporting Russian-origin crude oil and petroleum products. According to the EU, they concealed the true origin of the cargoes and used illegal and risky transportation methods.

Sanctions Target Shipping Companies and Individuals

Sanctions have also been imposed on shipping companies based in the United Arab Emirates, Vietnam, and Russia. These include owners and operators of tankers that are part of the Russian shadow fleet and have already been subject to restrictive measures by the EU or other countries. The sanctions aim to disrupt the flow of goods and services supporting Russia’s military efforts and undermine its ability to circumvent international sanctions.

The EU’s actions demonstrate its commitment to enforcing international norms and maintaining pressure on Russia until it complies with international law. As the situation continues to evolve, the EU remains ready to increase pressure on Russia and its shadow naval value chain, including by imposing further sanctions.

Original Article: The European Council imposed sanctions on 41 vessels of the Russian “shadow fleet” — Online