The US, UK, and EU have intensified sanctions on Russia's shadow fleet, which comprises aging, uninsured vessels used to bypass restrictions on oil exports. The US Treasury recently sanctioned 183 Russian-controlled ships, with the EU and UK following suit on over 140. Tactics used by the fleet include disabling identification systems and conducting ship-to-ship transfers. However, many registries are now delisting these vessels, complicating their access to ports and insurance. As a result, the fleet faces operational challenges, highlighting the increasing effectiveness of the sanctions.
"These ships lose their legal right to operate under those jurisdictions, making them less likely to access international ports or insurance services."
"The fleet, which has an estimated 1,300 ships, is now facing another problem - a growing number of registries delisting sanctioned vessels."
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