
UK SANCTIONS OVER 70 SHIPS IN RUSSIA’S ‘SHADOW FLEET’
The British government on Monday announced sanctions on 30 ships that it says are part of Russia’s “shadow fleet”, taking to 73 the number of vessels under restrictions by London.
Foreign Secretary David Lammy called the measures the UK’s “biggest sanctions package” yet against tankers and cargo ships used by Moscow to circumvent export and oil embargoes to fund its war against Ukraine.
The UK also sanctioned two Russian insurers it accused of enabling the so-called ghost fleet, which operates under dubious ownership or without proper insurance.
The vessels, often carrying Russian oil and gasoline but flying the flag of another country, allow the Kremlin to keep exporting despite sanctions on exports and an oil price cap on its global sales.
Half of the ships hit by the latest sanctions transported more than $4.3 billion worth of oil and oil products in the last year, according to a Foreign Commonwealth and Development Office (FCDO) statement.
Announced by Lammy during a meeting of G7 foreign ministers in Italy, the new restrictions surpass the number of ships currently targeted by the United States (39) and the European Union (19).
According to London, the sanctions “are working” with “Russia becoming increasingly reliant on states like North Korea and Iran for military hardware”.
The FCDO noted that two oil tankers, Artemis, which flies under the flag of Gabon, and Sea Fidelity, flagged out of Honduras, had been “idling uselessly in the Baltic Sea after being sanctioned last month”.
AFP
More Stories
LNSC ARRESTS MAN FOR IMPERSONATION, ASSAULT
Ademola Oyekan "42" (M) has been taken into custody by Lagos State Neighbourhood Safety Corps (LNSC) Ikosi-Isheri Command agents on...
UKRAINE : TRUMP OPTIMISTIC ABOUT POTENTIAL CEASEFIRE
President Donald Trump expressed optimism that US negotiators could secure a ceasefire in the Ukraine war, even as Kyiv and...
BANDIT KINGPIN DOGO SALEH KILLED BY OWN GANG DURING RESCUE ATTEMPT – POLICE
A 21-year-old notorious bandit leader, Salisu Mohammed, popularly known as Dogo Saleh, met his end at the hands of his...
REPS PUSHES FOR NCC TO BLOCK ALL PORNOGRAPHIC WEBSITES IN NIGERIA
The House of Representatives has called on the Nigeria Communications Commission (NCC) to direct Internet Service Providers (SPs) operating in...
POLITICS : RIVERS ASSEMBLY EXTENDS DEADLINE FOR ELECTORAL COMMISSION
The Rivers State House of Assembly has extended the deadline for the summons of the Chairman of the Rivers State...
SUSPECTED LAKUWARA TERRORIST KILLED IN KEBBI BY SECURITY OPERATIVES
A combined team of security operatives, including vigilantes, has killed a suspected Lakurawa terrorist, Maigemu, in Kebbi State. The Director...