25 April, 2024 Lloyds’s List Intelligence
Since the invasion of Ukraine in February 2022, the United States has directly sanctioned nearly 170 Russia-linked cargo-carrying vessels
Analysis of Lloyd’s List Intelligence data shows how ships have been redeployed to continue trading, while others maintain regular voyages, revealing the limits of US sanctions programmes.
While many of the latest sanctioned ships are sailing typical routes, analysis of other blacklisted ships shows that sanctions implementation has limited potential trading partners.
In 2021, ships that are now sanctioned called at more than 100 non-Russian ports, including those in the EU and the US. Last year, sanctioned ships were welcome in just 24 foreign markets.
Still, in 2023 and so far this year, arrivals into foreign ports accounted for 14% of traceable callings.
Türkiye, Iran, India and Egypt have been the most common destinations for sanctioned ships.
Source: Lloyd’s List Intelligence / Seasearcher. Increase in 2023 figures reflects the higher number of sanctioned ships. Data for 2024 accurate to March 22.
Since 2022, 13 different sanctioned Russian ships have made 32 calls to Egypt.
Of these vessels, 11 are sanctioned for links to companies that perform various services for Russia’s Ministry of Defence, including transporting military equipment and weaponry.
These ships accounted for 29 of the 32 calls to Egypt. The vessels often call to either El Iskandariya (Alexandria) or El Dekheila from Novorossiysk.
Voyages of vessels sanctioned on April 12, 2023
This selection of sanctioned ships shows the retreat of ships to inland ports as well as those in the Black Sea, Sea of Azov and Caspian Sea. However, it also shows the ability for these ships to call at international ports. The vessels sanctioned in this round are linked to companies involved in the facilitation of sanctions evasion through transshipment
Source: Lloyd’s List Intelligence / Seasearcher Note: Before date of sanction covers April 1, 2022 to April 11, 2023
Note: After date of sanction covers April 12, 2023 to March 19, 2024
Note: Different colours represent different vessels
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