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Tue, Feb

Danish Shipping Supports EU’s New Russian Sanctions Package

Danish Shipping Supports EU’s New Russian Sanctions Package

World Maritime

The EU has just adopted its 16th sanctions package against Russia. The package targets systemically important sectors of the Russian economy such as energy, trade, transport, infrastructure and financial services.To curb the

The EU has just adopted its 16th sanctions package against Russia. The package targets systemically important sectors of the Russian economy such as energy, trade, transport, infrastructure and financial services.

To curb the risk of our sanctions being bypassed, certain provisions of the 16th package are now also mirrored in the Belarus sanctions regime.

The EU has in addition updated and strengthened its sanctions regimes concerning Crimea and Sevastopol, and the non-government-controlled areas of Donetsk, Kherson, Luhansk and Zaporizhzhia oblasts.

Danish Shipping has stated that it fully supports the strongest possible sanctions. With the latest sanctions package, 74 new vessels are added to the sanctions list, bringing the total to 153. Among many other measures, the package also focuses on taking action against those who support the operation of unsafe oil tankers.

"Anything that makes it operationally easier for Danish shipping companies to identify which ships, owners, operators and ship managers are on the EU’s sanctions list is very welcome. We and our members have absolutely no interest in or desire to support the Russian war economy in any way. That is why we have also welcomed the government's new forum on sanctions, where these matters will be discussed.

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