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Sovcomflot controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2024

    Additional U.S. sanctions targeting oil revenue

    The U.S. Treasury expanded sanctions targeting Sovcomflot's oil-related revenue and designated 14 crude-oil tankers, with limited authorization for transactions associated with offloading oil.

  2. 2022

    International sanctions following Russia's invasion of Ukraine

    Sovcomflot and related entities were sanctioned by the United States and other jurisdictions because of their relationship with the Russian state and the broader response to Russia's invasion of Ukraine. The measures disrupted access to finance, insurance, reinsurance, customers, and maritime services.