x

Politics

Greece Seen Blocking EU Sanctions on Russia to Protect Oligarchs

ATHENS – European Union proposals for more sanctions on Russia for the ongoing invasion of Ukraine and banning ships hiding transfers of Russian oil are reportedly being stymied by Greece.

A draft showed that the EU wants to prohibit ships from a member state from entering ports of another if they’re found to have engaged in deceptive ship-to-ship transfers of Russia origin oil or deliberately switching off Automatic Identification Signals (AIS) said Lloyd’s List.

https://lloydslist.maritimeintelligence.informa.com/LL1145346/Greece-seen-stalling-on-new-EU-sanctions-package-on-Russia-that-targets-dark-fleet-ships

The report said Greece is holding out unless Greek shipping oligarchs and their companies are taken off a list listed by Ukraine as “international sponsors of war” even if the ships are complying with sanctions, POLITICO said.

The text proposes a notification system between EU member states flagging ships to be banned from ports, said Lloyd’s, although details haven’t been worked out and other sanctions are being watered down.

Another loophole would be letting each country decide whether to abide by a ban on the ships and will have a grace period of 30 days, effectively preventing any enforcement of an alleged ban.

But even if diluted, the site said that a ban would be the first step toward states codifying and enforcing the restriction of ships engaging in illicit practices on a harmonized EU-wide basis.

EU countries would be required to  notify other governments of deceptive shipping practices identified and any vessels included in the notification procedures would effectively be banned from entering other EU ports.

But it’s also unclear what would define a deceptive shipping practice, the report said, further muddling any potential effectiveness,  especially as Russian energy was exempted from sanctions that were imposed.

Both Hungary and Greece have linked sign-off to having companies listed by Ukraine as war sponsors struck off the list, said POLITICO, those including many major Greek companies whose owners are essentially untouchable.

Greece-owned tankers comprised some 47 percent of all tankers calling at Baltic and Black Sea Russian ports in May, according to Lloyd’s List Intelligence vessel-tracking data.

 

RELATED

ATHENS - Voters should see the whole picture when they go to cast their ballot in the European Parliament elections on June 9, Prime Minister Kyriakos Mitsotakis said in an interview on Thursday.

Top Stories

Columnists

A pregnant woman was driving in the HOV lane near Dallas.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

Video

Over 100 Pilot Whales Beached on Western Australian Coast Have Been Rescued, Officials Say

MELBOURNE, Australia (AP) — More than 100 long-finned pilot whales that beached on the western Australian coast Thursday have returned to sea, while 29 died on the shore, officials said.

BAYSIDE, NY – Daughters of Penelope (DOP) Ilion Chapter 135 continues to keep the light shining bright within.

NEW YORK – Mike Labatos, AHEPA District 6 Lt.

Cretans are known for loving their guns but the island has the dubious record of having the highest rates of suicide in Greece over the last 25 years, averaging 2.

ATHENS - Forgetting the 2010-18 economic and austerity crisis that saw people so desperate they were picking food out of rubbish and supermarket bins, Greeks are among the European countries with the ignominious title of food wasters.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. [email protected]

You may unsubscribe at any time using the link in our newsletter.