UK GVT Shadow Fleet New Sanctions


On Oct. 17, UK GVT issued sanctions against Russia's shadow fleet.


  • UK GVT announced new sanctions against 18 Russian oil tankers and 4 liquified natural gas tankers – the largest sanctions action to date against Putin’s shadow fleet.
  • Follows UK GVT Sep. 2024 announced crackdown on shadow oil fleet, see #225784.
  • Also follows UK GVT Jul. 2024 announced call to action to address risks, see #220094.
  • New Sanctions
  • 18 more shadow fleet ships will be barred from UK ports and unable to access world-leading British maritime services, bringing the total of oil tankers sanctioned to 43.
  • The shadow fleet seeks to undermine sanctions and poses a clear and present danger.
  • Environmental risks on coastlines as a result of its flagrant violation of basic safety standards, but also risks to security of global trade – the lifeblood of economic growth.
  • Announcement comes as US and Canada have united in support of European Political Community (EPC) Call to Action, see #220094, demonstrating a shared determination to address the risks that the shadow fleet poses to the environment, etc.
  • Designations
  • Those sanctioned are NS Bora, Atlas, Moskovsky Prospect, NS Arctic, Callisto, SCF Baikal, SCF Samotlor, Suvorovsky Prospect, Eastern Pearl, Kudo Stars, Sea Fidelity, Stratos Aurora, Turbo Voyager, Azure Celeste, Varuna, Sai Baba, Artemis, Antaeus, Marshal Vasilevskiy, Velikiy Novgorod, Mulan, Everest Energy, Rugazdobycha JSC.

Regulators UK GVT
Entity Types Corp
Reference PR, 10/17/2024; StIn 2019/855;
Functions AML; Compliance; Financial; Legal; Operations; Reporting; Risk; Sanctions; Treasury
Countries Canada; Russia; United Kingdom; United States of America; Cross-Border
Category Central Government
State
Products Commodities; Corporate
Regions EMEA
Rule Type Final
Rule Date 10/17/2024
Effective Date 10/17/2024
Rule Id 230332
Linked to Rule :225784
Reg. Last Update 10/17/2024
Report Section UK

Last substantive update on 10/22/2024