Press release

UK imposes new wave of sanctions to choke Russian oil revenues as Foreign Secretary arrives in Italy for G7

30 ships in Russia鈥檚 shadow fleet have today been sanctioned by the UK

  • Largest UK package of sanctions against the shadow fleet targets 30 ships聽聽聽

  • Insurance companies enabling the fleet are also sanctioned, ratcheting up pressure on Russia聽

  • Comes after the world marked 1000 days since the Kremlin鈥檚 egregious full-scale invasion of Ukraine.

Thirty ships in Russia鈥檚 shadow fleet, responsible for transporting billions of pounds worth of oil and oil products in the last year alone, have today been sanctioned by the UK. With half of the ships targeted today transporting more than $4.3bn worth of oil and oil products like gasoline in the last year alone, today is the largest UK package of its kind.聽聽聽聽

The move will further constrain the Kremlin鈥檚 ability to fund their illegal war in Ukraine and their malign activity worldwide, and brings the total number of oil tankers sanctioned by the UK to 73, more than any other nation - demonstrating the UK鈥檚 leadership on tackling the shadow fleet.聽

46 countries and the EU have now signed up to the UK-led call to action against the Shadow fleet, announced by Prime Minister Keir Starmer at the European Political Community summit in July.聽

Today鈥檚 announcement comes as the Foreign Secretary uses the G7 Foreign Ministers meeting in Italy to push other countries to maintain pressure on Russia鈥檚 war machine, in parallel with efforts to step up military and financial support for Ukraine.聽聽聽聽

Oil revenues are a crucial source of funding for the Kremlin鈥檚 illegal war in Ukraine.聽聽

The shadow fleet also poses significant risks to global trade. Many of the ships engage in deceptive shipping practices and are a danger to the environment 鈥� many tankers flagrantly ignore basic safety standards, increasing the chance of catastrophic oil spills. 聽聽聽

Constraining these revenues, including by cracking down on the companies that insure these vessels, is vital for maintaining our shared security: degrading the Kremlin鈥檚 war machine, clearing our shipping lanes of unsafe traffic, and protecting our international trade to make room for growth.聽

Foreign Secretary, David Lammy said:聽聽聽

Russia鈥檚 oil revenues are fuelling the fires of war and destruction in Ukraine.聽聽

I will work with our G7 partners and beyond to exert relentless pressure on the Kremlin, disrupt the flow of money into its war chest, erode its military machine, and constrain its malign behaviour worldwide.

The UK鈥檚 sanctions are working, with Russia becoming increasingly reliant on states like North Korea and Iran for military hardware, even being forced to ship in North Korean troops to prop up the illegal invasion.聽聽聽聽

In the last month alone we have taken decisive action to target Russia鈥檚 military industrial complex through sanctions, perpetrators of Russia鈥檚 forced deportation and brainwashing of Ukrainian children on 1000th day of their full-scale invasion, and private Russian mercenary companies threatening stability and security across Africa.聽

During the G7 summit, David Lammy will also urge partners for closer G7 cooperation in securing ceasefires in the Middle East, including improving the dire humanitarian situation in Gaza, and discuss how other countries can do more to halt the human suffering being experienced by the Sudanese people.聽聽聽聽聽

He will also discuss how to co-ordinate with European countries on illegal and legal migration. This follows a separate visit made by Prime Minister Keir Starmer in September where he spoke to his Italian counterpart on work to tackle illegal migration.

And while in Italy, the Foreign Secretary will reiterate the UK鈥檚 unwavering commitment to the Global Combat Air Programme, through which the UK 鈥� working with two of our closest partners 鈥� will shore up our collective defences against those who seek to do us harm. He will look ahead to the establishment of the new programme headquarters, announced by the Prime Minister last week and to be based in the UK, creating hundreds of jobs and driving economic growth.聽聽

During the summit, he held bilateral meetings with senior figures including from Japan and India.

Background

  • These sanctions highlight the impact of the Department for Transport鈥檚 insurance reporting mechanism, with more than 43 vessels with dubious insurance being challenged to supply their details as they pass through UK waters. On 12 November, the vessel KSENA (IMO 9232888) ignored UK challenges 鈥� it has today been sanctioned. This mechanism has also exposed dubious Russian insurers ALFASTRAKHOVANIE and VSK, sanctioned today for enabling the shadow fleet.聽聽

  • Our sanctions have already had a concrete impact, with the ARTEMIS (IMO 9317949) and SEA FIDELITY (IMO 9285835) idling uselessly in the Baltic Sea after being sanctioned last month - the end of trade worth millions to Russia.聽

  • The UK has sanctioned 73 oil tankers in the shadow fleet, compared to 39 sanctioned by the United States and 19 by the European Union.聽

Those sanctioned today are:聽聽

Oil Tankers:聽聽聽

  • IMO 9412359 (鈥淏ELGOROD鈥�)聽聽

  • IMO 9331153 (鈥淒ELVINA鈥�)聽聽

  • IMO 9411020 (鈥淏RATSK鈥�)聽聽

  • IMO 9410894 (鈥淰ALOUR鈥�)聽聽

  • IMO 9410870 (鈥淗S EVERETT鈥�)聽聽

  • IMO 9312896 (鈥淜RASNOYARSK鈥�)聽聽

  • IMO 9402471 (鈥淔ENG SHOU鈥�)聽聽

  • IMO 9331141 (鈥淜ELLY GRACE鈥�)聽聽

  • IMO 9259185 (鈥淒AKSHA鈥�)聽聽

  • IMO 9312884 (鈥淜EMEROVO鈥�)聽聽

  • IMO 9610808 (鈥淎NATOLY KOLODKIN鈥�)聽聽

  • IMO 9341093 (鈥淜OLOMNA鈥�)聽聽

  • IMO 9610793 (鈥淕EORGY MASLOV鈥�)聽聽

  • IMO 9610810 (鈥淰IKTOR BAKAEV鈥�)聽聽

  • IMO 9413559 (鈥淎NTARKTIKA鈥�)聽聽

  • IMO 9314167 (鈥淎GNES鈥�)聽聽

  • IMO 9436941 (鈥淎TTICA鈥�)聽聽

  • IMO 9299721 (鈥淐EPHEUS鈥�)聽聽

  • IMO 9290309 (鈥淭HEA鈥�)聽聽

  • IMO 9321847 (鈥淓MILY S鈥�)聽聽

  • IMO 9274434 (鈥淣ANDA DEVI鈥�)聽聽

  • IMO 9297371 (鈥淪ULEYMAN I鈥�)聽聽

  • IMO 9319882 (鈥淎TALANTA鈥�)聽聽

  • IMO 9289752 (鈥淎RIADNE鈥�)聽聽

  • IMO 9353096 (鈥淕URU鈥�)聽聽

  • IMO 9232888 (鈥淜SENA鈥�)聽聽

  • IMO 9249130 (鈥淐HILLI鈥�)聽聽

  • IMO 9250531, (鈥淧YTHON鈥�)聽聽

  • IMO 9250543 (鈥淣EOMI鈥�)聽聽

  • IMO 9250892 (鈥淢IKATI鈥�)聽聽

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Ships specified under the Russia (Sanctions) (EU Exit) Regulations 2019 are prohibited from entering a port in the UK, may be given a movement or a port entry direction, can be detained, and will be refused permission to register on the UK Ship Register or have their existing registration terminated. In addition, the Oil Price Cap exception is not applicable to services in relation to specified ships, or to the supply or delivery of Russian oil or oil products in specified ships.聽 聽聽

The Office for Financial Sanctions Implementation has published guidance on the Russian Oil Services ban. Limited exceptions apply and licences may be granted for specified ships, as set out in Part 7 of the Russia (Sanctions) (EU Exit) Regulations 2019.

Updates to this page

Published 25 November 2024