President Volodymyr Zelenskyy has announced that Ukraine has imposed sanctions on almost 700 more maritime vessels which Russia uses to finance its war.

Source: Zelenskyy on social media; a presidential decree published on the president's website

Quote: "Today, Ukraine's sanctions against nearly 700 additional maritime vessels used by the Russians to finance the war have come into effect. This is a significant part of Russia's fleet that transports oil and other energy resources and generates funds to prolong the war.

It is the largest sanctions package specifically targeting tankers and other vessels that serve the aggression. The package includes vessels sailing not only under the Russian flag but also under the flags of other states, in particular spanning more than 50 jurisdictions."

Details: Zelenskyy said that Ukraine will work to ensure that each of these vessels, each shipowning company and the entire infrastructure of Russian exports of oil and other energy resources are also blocked by partner countries.

Quote: "We support the concept of a complete ban on the provision of maritime services to vessels involved in exporting Russian energy resources. Pressure on Russia and diplomacy aimed at ending the war must go hand in hand to achieve the necessary result. Russia must end the war that it itself started and continues to drag out."

More details: The decree dated 13 December enacting a decision by the National Security and Defence Council of Ukraine on sanctions has been published on the president's website. The sanctions list includes 656 vessels.

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