Three years of reporting, funded by our readers — become a member now and help us prepare for 2025.
Goal: 1,000 new members for our birthday. Gift a membership to your friend and help us prepare for what 2025 might bring.
Become a member Gift membership
Skip to content
Edit post

Bloomberg: EU hoping to prevent Russian oil transfers at sea

by The Kyiv Independent news desk May 8, 2023 8:28 PM 1 min read
This audio is created with AI assistance

The European Union has proposed banning vessels from entering its ports that help Russia evade sanctions and price caps with cargo transfers at sea, Bloomberg reported on May 8.

All EU member states would need to support the proposal in order for it to come into force.

According to Bloomberg, the EU cited a "sharp increase in deceptive practices, and related environmental risks" as a reason for the proposed ban.

Ship-to-ship transfers have been "pivotal" for Russia in circumventing bans, Bloomberg wrote, with the country passing on ships from its "huge fleet" that are more than 20 years old to newly-formed companies that continue to use them.

Ceuta, a Spanish autonomous city on the north coast of Africa, is one of the "focal points" for these transfers.

Local shipping firms were reminded by Spain in early February that assisting in this activity may result in breaching sanctions, according to Bloomberg.

Ukraine war latest: Prigozhin claims Wagner promised enough ammunition for Bakhmut assault
Key developments on May 7: * Wagner chief claims army promised enough ammunition to keep fighting in Bakhmut after threats * Commander: Russia intensifying attacks in Bakhmut with heavy weaponry * Ukrainian military: Russia moving civilians out of occupied Enerhodar Russia’s Wagner Group claime…
Three years of reporting, funded by our readers.
Millions read the Kyiv Independent, but only one in 10,000 readers makes a financial contribution. Thanks to our community we've been able to keep our reporting free and accessible to everyone. For our third birthday, we're looking for 1,000 new members to help fund our mission and to help us prepare for what 2025 might bring.
Three years. Millions of readers. All thanks to 12,000 supporters.
It’s thanks to readers like you that we can celebrate another birthday this November. We’re looking for another 1,000 members to help fund our mission, keep our journalism accessible for all, and prepare for whatever 2025 might bring. Consider gifting a membership today or help us spread the word.
Help us get 1,000 new members!
Become a member Gift membership
visa masterCard americanExpress

News Feed

3:44 PM

Russian ICBM strike would be 'clear escalation,' EU says.

"While we're assessing the full facts, it's obvious that such (an) attack would mark yet another clear escalation from the side of (Russian President Vladimir Putin," EU foreign affairs spokesperson Peter Stano said, according to AFP.
1:40 PM

Merkel describes Trump as 'fascinated by Putin' in her memoir.

"(Donald Trump) saw everything from the point of view of a property developer, which is what he was before he came into politics. Every plot of land could only be sold once, and if he didn't get it, someone else would," Angela Merkel says in her memoir.
MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Explaining Ukraine with Kate Tsurkan
* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.