Sanctions-busting Russian tankers shift management base to Türkiye
Unic is owned by some of Türkiye’s most prominent shipping figures, further adding to debate about whether businesses in the country should be managing non-compliant tankers shipping sanctioned Russian oil
The management of these tankers by a business in Türkiye, a member of the Nato alliance opposing Russia’s war on Ukraine, presents a dilemma for European regulators who regard the presence of non-oil price cap compliant tankers as undermining their oil and shipping sanctions.