By Maya Lester KC & Michael O’Kane

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By Maya Lester KC & Michael O’Kane

OFAC designates Russian shipping company, Sovcomflot

28 February 2024

OFAC designates Russian shipping company, SovcomflotMDart10_Shutterstock-1

OFAC has designated Russia’s State-owned shipping company and fleet operator, Sovcomflot, and 14 of its vessels to reduce Russia’s revenue from oil sales (press release, notice). OFAC has issued 3 general licences authorising the...

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Regimes / Regions

Sanctioning States

By Michael O'Kane

Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters and as a prosecutor...

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