One of many sanctioned companies, Transmorflot, is the operator of the seized tanker Pegas (Russian Embassy in Athens)

Might 8, 2022 9:18 PM by

The Maritime Government

The U.S. has positioned sanctions on seven Russian transport firms and dozens of vessels in reference to the continuing invasion of Ukraine, Secretary of State Anthony Blinken introduced Sunday.

In a press release, Blinken mentioned that the U.S. Treasury and the Division of State have sanctioned the Russian Ministry of Protection’s inner transport firm and 6 different transport companies that transfer its army gear. It has additionally listed 69 of their ships as blocked property. 

The businesses embrace Oboronlogistika, the Russian Ministry of Protection’s personal transport firm; SC South LLC, one in all its transport subsidiaries; Northern Transport Firm, which participates in Russian workouts and strikes Russian army gear; and Transmorflot, M Leasing LLC, Marine Trans Transport LLC and Nord Mission LLC Transport Firm, which have all allegedly moved Russian weapons. Northern Transport Firm and Transmorflot have the best publicity, with 27 and 16 vessels sanctioned respectively. 

The Treasury additionally sanctioned hydrographic survey and dive firm OOO Fertoing. The agency operates ROVs, performs complicated marine surveys, and gives technical assist for offshore oil and fuel, pipelines and different high-end marine tasks for the Russian authorities and its state-owned enterprises. It has performed a job in a few of Russia’s most high-profile marine tasks, just like the set up of the Prirazlomnaya offshore oil platform and the development of the Siberian port of Sabetta. Fertoing will now be blocked from accessing U.S. know-how on the open market.

America has already imposed sanctions on Sovcomflot, the most important transport firm in Russia, and United Shipbuilding Company, the nation’s largest and most subtle shipbuilder. 

Sunday’s announcement additionally consists of new sanctions on a broad swathe of Russia’s state-owned media and banking sectors. The state propaganda networks Russia-1, Channel One, and NTV have been blacklisted, proscribing their capability to earn overseas income for the Russian state. As well as, high executives from a broad vary of Russian firms – together with the complete board of Sberbank, Russia’s largest financial institution – have been individually named on the sanctions listing.