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Which type of illicit practice will be most reported in relation to the sanctioned Russian vessels by December 31, 2024?
2
Resolution / Starting Odds
False Flagging • 25%
AIS Manipulation • 25%
Ship-to-Ship Transfers • 25%
Other • 25%
Reports from maritime authorities and international watchdog organizations
Story
UK Sanctions 10 Russian Vessels in Crackdown on Oil Trade Shadow Fleet
Sep 11, 2024, 09:45 AM
The UK government has announced new sanctions on 10 vessels identified as part of Russia's 'shadow fleet,' which are used to transport oil and circumvent Western embargoes. The sanctions target ships that employ illicit practices to avoid existing restrictions. Additionally, 17 Russian vessels, including those transporting military supplies, are also sanctioned. The British Foreign Office emphasized that these measures aim to disrupt a vital source of revenue for Russia, impacting its ability to fund military activities. UK Foreign Minister David Lammy stated that the sanctions are intended to further undermine Russia’s oil trade capabilities. The targeted ships are described as 'high-volume offenders.'
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Similar markets
Oil and gas • 25%
Maritime shipping • 25%
Russian military • 25%
Other • 25%
Oil and gas • 25%
Shipping and logistics • 25%
Insurance • 25%
Other • 25%
Energy sector • 25%
Maritime shipping • 25%
Insurance industry • 25%
Other • 25%
Significant reduction in shadow fleet operations • 25%
Minor reduction in shadow fleet operations • 25%
No noticeable impact on shadow fleet operations • 25%
Increase in shadow fleet operations • 25%
Continues involvement • 33%
Ceases involvement • 33%
Unconfirmed involvement • 33%
Nuclear weapons development • 25%
Ballistic missile testing • 25%
Illicit trade activities • 25%
Other • 25%
Yes • 50%
No • 50%
United States • 25%
European Union • 25%
United Kingdom • 25%
Other • 25%