EU lifts sanctions against LNG carrier trio

The European Union has lifted sanctions against three ice-class liquefied natural gas (LNG) tankers operated by Japan's shipping giant MOL and intended to serve Novatek's Arctic LNG projects in Russia.

The European Commission revealed this in a statement announcing EU’s 18th package of sanctions against Russia over its actions in Ukraine.

The Commission announced “105 additional vessel listings, meaning that a total of 444 vessels in Russia’s shadow fleet are now listed by the EU.”

“For the first time, the EU has accepted to remove three vessels from its list of sanctioned vessels following firm commitments that these LNG tankers will no longer engage in the transport of Russian energy to the Russian Yamal and Arctic 2 projects for which they had originally been commissioned,” the Commission said.

“This action demonstrates the impact of EU vessels designations, and that vessels can be returned to service following firm commitments,” it said.

The Commission did not provide further details regarding the LNG carriers.

However, in May, the Commission imposed sanctions on three 174,000-cbm Arc4 LNG carriers owned by MOL and chartered by Novatek.

The vessels are North Moon, North Ocean, and North Light. They were all built by South Korea’s Hanwha Ocean in 2024.

According to their AIS data provided by VeselsValue, all three vessels were anchored offshore Singapore on Tuesday.

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