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Sanctions Russian Federation Turkey

Sanctions-busting Russian tankers shift management base to Türkiye

Unic is owned by some of Türkiye’s most prominent shipping figures, further adding to debate about whether businesses in the country should be managing non-compliant tankers shipping sanctioned Russian oil

  • Analysis

The management of these tankers by a business in Türkiye, a member of the Nato alliance opposing Russia’s war on Ukraine, presents a dilemma for European regulators who regard the presence of non-oil price cap compliant tankers as undermining their oil and shipping sanctions.

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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