U.K. cracks down on 10 ships in Putin’s “shadow fleet”
The U.K. has sanctioned 10 vessels in Russia’s “shadow fleet” of ships that use illicit practices to avoid sanctions on Russian oil. This is the third time that the U.K. has sanctioned
Russia sanctions
Davie completes purchase of the assets of Helsinki Shipyard
Canada’s Davie Shipbuilding today reported that it has finalized the acquisition of the assets of Finland’s Helsinki Shipyard Oy (HSO). This completes a deal that Davie first revealed was in the works
Davie Shipbuilding negotiating purchase of Helsinki Shipyard
Canada’s Davie Shipbuilding (Chantier Davie Canada Inc.) is in advanced negotiations to buy Finland’s Helsinki Shipyard. In a press release yesterday, the Lévis, Quebec, headquartered shipbuilder announced it had exercise of its
Russia sanctions: Two indicted, one arrested, in Tango yacht case
Back in April last year, U.S. and Spanish authorities seized the $90 million yacht Tango owned by sanctioned Russian oligarch Viktor Vekselberg. On Friday, indictments were unsealed in the U.S. District Court
Baltic Exchange to U.K members: Don’t do business with Russians
A large part of the world’s ship chartering and sale & purchase business is negotiated at some stage by members of the London-based Baltic Exchange, the world’s oldest shipping market. Today, the
Russian classification society targeted by EU sanctions
As the European Union steps up its support for Ukraine, the Russian Maritime Register of Shipping has been added to the list of state-owned enterprises subject to EU sanctions imposed in response
5 ships subject to U.S. Treasury Russia sanctions
The U.S. Treasury’s Office of Foreign Asset Controls (OFAC) has issued an extensive list of Russian entities and individuals subject to economic sanctions imposed in response to Russian actions in Ukraine. Among