Maritime News

NS Century

North Atlantic

US Ramps Up Sanctions Enforcement with Tanker Seizures and Vessel Designations

Over the past week, the United States increased maritime sanctions against Russia-linked oil trade, targeting three entities and vessels for violating price caps and seizing multiple tankers including Marinera and Olina as part of high seas operations against Venezuelan oil enforcement efforts. These actions demonstrate intensified interdiction efforts.

Black Sea

OFAC and European Allies Tighten the Net on Russian Oil Trade

In the last several weeks, U.S. and European regulators moved to tighten enforcement of maritime sanctions on Russian oil exports, blacklisting additional companies, vessels and individuals while regional governments scrubbed each other’s lists. Overall market data showed Russian crude exports reacting negatively to the latest of these measures; an incident involving one of those tankers in the Black Sea underscored how their operational and security risks were rising.

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