• Advertise
  • Contact Us
  • Supplier Directory
  • SCB YouTube
  • About Us
  • Login
  • Subscribe
  • Logout
  • My Profile
  • LOGISTICS
    • Air Cargo
    • All Logistics
    • Facility Location Planning
    • Freight Forwarding/Customs Brokerage
    • Global Gateways
    • Global Logistics
    • Last Mile Delivery
    • Logistics Outsourcing
    • LTL/Truckload Services
    • Ocean Transportation
    • Parcel & Express
    • Rail & Intermodal
    • Reverse Logistics
    • Service Parts Management
    • Transportation & Distribution
  • TECHNOLOGY
    • All Technology
    • Artificial Intelligence
    • Cloud & On-Demand Systems
    • Data Management (Big Data/IoT/Blockchain)
    • ERP & Enterprise Systems
    • Forecasting & Demand Planning
    • Global Trade Management
    • Inventory Planning/ Optimization
    • Product Lifecycle Management
    • Robotics
    • Sales & Operations Planning
    • SC Finance & Revenue Management
    • SC Planning & Optimization
    • Supply Chain Visibility
    • Transportation Management
  • GENERAL SCM
    • Business Strategy Alignment
    • Customer Relationship Management
    • Education & Professional Development
    • Global Supply Chain Management
    • Global Trade & Economics
    • Green Energy
    • HR & Labor Management
    • Quality & Metrics
    • Regulation & Compliance
    • Sourcing/Procurement/SRM
    • SC Security & Risk Mgmt
    • Supply Chains in Crisis
    • Sustainability & Corporate Social Responsibility
  • WAREHOUSING
    • All Warehouse Services
    • Conveyors & Sortation
    • Lift Trucks & AGVs
    • Order Management & Fulfillment
    • Packaging
    • RFID, Barcode, Mobility & Voice
    • Warehouse Automation
    • Warehouse Management Systems
  • INDUSTRIES
    • Aerospace & Defense
    • Apparel
    • Automotive
    • Chemicals & Energy
    • Consumer Packaged Goods
    • E-Commerce/Omni-Channel
    • Food & Beverage
    • Healthcare
    • High-Tech/Electronics
    • Industrial Manufacturing
    • Pharmaceutical/Biotech
    • Retail
  • THINK TANK
  • WEBINARS
    • On-Demand Webinars
    • Upcoming Webinars
    • Webinar Library
  • PODCASTS
  • WHITEPAPERS
  • VIDEOS
Home » U.K. Imposes Fresh Sanctions on Russia Shadow Fleet Ships

U.K. Imposes Fresh Sanctions on Russia Shadow Fleet Ships

THE SHADOWS OF ARMED SOLDIERS PASS OVER A CRACKED CONCRETE WALL PAINTED WITH THE COLORS OF THE UKRAINIAN FLAG
Photo: iStock.com/IherPhoto
September 11, 2024
SupplyChainBrain

The U.K. government has Increased its efforts to clamp down on the Russian so-called shadow fleet of tankers that are being used to export oil and fund Vladimir Putin’s war on Ukraine. The Guardian reports that the U.K. Foreign Office announced September 10 it was imposing sanctions on ten ships it believes to be at heart of the operation.

Russia uses a large fleet of often unseaworthy and ageing tankers to transport Russia’s gas and oil that are its most critical revenue source for funding the war in Ukraine, accounting for about a quarter of the Russian budget in 2023.

Speaking on his way to Kyiv to meet Ukrainian leaders, the U.K. foreign secretary, David Lammy, said: “Putin’s war machine is funded by a dark and illicit economic system that this government is committed to destabilizing.”

It is the third time the U.K. has attempted to crack down on the shadow fleet, bringing the total number of ships sanctioned to 25.

Read More: U.S. Sanctions Seven ‘Dark Fleet’ Ships Linked to Russia LNG

The ships targeted are all described as “high-volume offenders” — vessels operating around the clock to transport as much Russian oil as possible. These ships will now be barred from entering U.K. ports and will be refused access to the U.K. ship register.

In an effort to cut off revenue, but at the same time prevent the price of oil skyrocketing, the G7 nations (Canada, France, Germany, Italy, Japan, the U.K. and the U.S., with the EU participating as a “non-enumerated” member) agreed to block insurance to any ship that sold oil at above a cap of $60 a barrel. The shadow fleet has grown to circumvent the G7 policy, but analysts have said a relatively small number of ships are at the heart of the operation.

    RELATED CONTENT

    RELATED VIDEOS

    Ocean Transportation Global Trade & Economics Regulation & Compliance Chemicals & Energy
    • Related Articles

      Are Your Exports Affected by Sanctions on Russia? It’s Not Always Easy to Tell

      Russian Roulette: The High-Stakes Game of U.S. and EU Sanctions on Russia

      Dubai Firm Loses Bid to Escape Sanctions on ‘Shadow Fleet’

    SupplyChainBrain

    IT Outage Stalls Rail Services in Germany

    More from this author

    Subscribe to our Daily Newsletter!

    Timely, incisive articles delivered directly to your inbox.

    Featured Product

    Popular Stories

    • A pair of hands reaches towards a cluster of icons showing global logistics network distribution and transportation

      CSCMP's State of Logistics Report: Get Used to the Fog

      Logistics
    • A GLEAMING TUNNEL OF LIGHTS CURVES AWAY INTO A HORN

      Gartner: Top 25 Supply Chain Organizations Are Embracing AI

      Global Logistics
    • HANDS TYPE ON A KEYBOARD UNDER A SUPER IMPOSED DIGITIZED MAP OF THE WORLD, ALONG WITH IMAGES OF A SHIP, A SHOPPING CART AND OTHER SYMBOLS OF INTERNATIONAL LOGISTICS

      Five Demand-Forecasting Mistakes Supply Chain Leaders Are Rethinking

      Technology
    • The outside of Oracle Corporation's corporate headquarters located in Silicon Valley. Photo: iStock.com/Sundry Photography

      Oracle Cuts 21,000 Jobs, More to Come From AI

      Technology
    • A CLUSTER OF BLUE LIGHTS IN THE PATTERN OF A BLOOMING FLOWER

      Supply Chains Are the First Major Test Case for Automation-Led iPaaS

      Data Management (Big Data/IoT/Blockchain)

    Digital Edition

    2026 esg cover main scb q2 2026 cover

    SupplyChainBrain 2026 ESG Guide: ESG — The Supply Chain’s Biggest Secret

    VIEW THE LATEST ISSUE

    Case Studies

    • Recycled Tagging Fasteners: Small Changes Make a Big Impact

    • A GRAPHIC SHOWING MULTIPLE FORMS OF SHIPPING, WITH A HUMAN STANDING AT THE CENTER, TOUCHING A SYMBOLIC MAP OF THE WORLD

      Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

    • A GRAPHIC OF INTERLACING HONEYCOMBED ELEMENTS REPRESENTING GLOBAL BUSINESS TRANSACTIONS

      Moving Robots Site-to-Site

    • JLL Finds Perfect Warehouse Location, Leading to $15M Grant for Startup

    • Robots Speed Fulfillment to Help Apparel Company Scale for Growth

    Visit Our Sponsors

    4flow Arkieva Blue Yonder
    Carton Cloud CoEnterprise Dassault
    Duravant E2Open General Logistics Systems
    Hy-Tek iGPS Korber
    Lyngsoe Procurability Quinyx
    SAP Sikick Systech
    S&P Global Mobility TADA TransImpact
    US Bank Werner Enterprises WSI
    • More From SCB
      • Featured Content
      • Video Library
      • Think Tank Blog
      • SupplyChainBrain Podcast
      • Whitepapers
      • On-Demand Webinars
      • Upcoming Webinars
    • Digital Offerings
      • Digital Issue
      • Subscribe
      • Manage Email Preferences
      • Newsletters
    • Resources
      • Events Calendar
      • 2026 Event Coverage
      • SCB's Great Supply Chain Partners
      • Supplier Directory
      • Case Study Showcase
      • Supply Chain Innovation Awards
      • 100 Great Partners Form
    • SCB Corporate
      • Advertise on SCB.COM
      • About Us
      • Privacy Policy
      • Contact Us
      • Data Sharing Opt-Out

    All content copyright ©2026 Keller International Publishing Corp All rights reserved. No reproduction, transmission or display is permitted without the written permissions of Keller International Publishing Corp

    Design, CMS, Hosting & Web Development :: ePublishing