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The NACP removed the Liberian Ship Registry from the list of international sponsors of war

The Liberian International Ship & Corporate Registry (LISCR) has delisted ships of the Russian Sovcomflot, thereby limiting the shipment of Russian oil. Ukraine’s National Agency on Corruption Prevention removed the registry from its list of international sponsors of war, the agency reported.

The Liberian Ship Registry sent a letter to the NACP, stating that it had fulfilled the conditions for removal from the list, namely, that it removed all the ships of the Russian Sovcomflot.

Quote"From now on, Russia's ability to transport its oil has become even more limited, its isolation from the civilized world deeper, and its ability to receive petrodollars less," the message says.

Schemes Russians use to evade sanctions

Despite the fact that the sanctions were supposed to significantly reduce Russia's revenues from the exports of oil, the aggressor still sought various ways to continue trade and circumvent such restrictions.

In 2022, Sovcomflot, the largest shipping company in the Russian Federation, ceded the management of its almost 100 vessels to SCF Management Services Dubai Ltd. (United Arab Emirates). Earlier, Sovcomflot entrusted the management of the same vessels to SCF Management Services Ltd., a company registered in St. Petersburg. Subsequently, SCF Management Services Dubai Ltd. changed its name to SUN SHIP MANAGEMENT. However, SCF Overseas Holding, which is affiliated with Sovcomflot, remained the founder of the company.

At the same time, 80 of Sovcomflot's nearly 100 tankers were registered under the Liberian flag. Accordingly, the Liberian International Ship and Corporate Registry registered and maintained the vessels. This allowed the vessels of the sanctioned Sovcomflot to continue shipping and trading their oil, which is critical for the Russian economy and the Kremlin's revenues.

The Page previously reported that the NACP had listed German-based SPINNER and DMG MORI as international sponsors of war. The companies produce machinery used to manufacture weapons for Russia.

Another recent addition to the list was Zhejiang Geely Holding Group Co., an automotive company owning a number of brands, including Geely Auto, Lynk & Co., Zeekr, Volvo Cars, Polestar, Lotus, London Electric Vehicle Company, Farizon Auto, and CAOCAO Mobility.

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