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Sanctions Ukraine crisis Regulation

Russia continues to add shadow fleet tankers to its flag

  • After a brief pause Russia has continued to add sanctioned tankers to its flag
  • Russia’s ship register has increased in size by 40% since the invasion of Ukraine
  • Shift towards Russia’s flag comes as US and EU is adding pressure on ship registers and seeking to board vessels

  • Analysis

Russia’s willingness to directly flag ships operating in sanctioned trades has not been affected by the recent US seizure of a Russian-flagged tanker

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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