Logo

UK To Ban Shipping & Insurance Services For Russian LNG Exports By 2026

Image for representation purposes only

The United Kingdom will ban British companies from providing maritime services, such as shipping and insurance, for Russian liquefied natural gas (LNG) exports. The move is part of Britain’s effort to reduce Moscow’s energy revenue and support Ukraine in the ongoing war.

The UK Foreign Office said the ban will be rolled out through 2026, in coordination with European partners. This means British companies will no longer be able to help transport Russian LNG to other countries. Imports of Russian LNG to the UK itself have already been banned since 2023.

Foreign Secretary Yvette Cooper announced the decision ahead of the Group of Seven (G7) foreign ministers’ meeting in Niagara, Canada. She is expected to call on other allies to keep supporting Ukraine as the conflict enters its fourth winter.

Along with the ban, Britain has pledged an extra £13 million (about $17.5 million) to help Ukraine repair its energy system and assist people who are struggling with heating and power shortages this winter.

The Foreign Office said Russia has stepped up attacks on Ukraine’s power and heating systems in recent weeks. Cooper said through a statement that Russia is trying to leave Ukraine in darkness and cold as winter arrives, and that such attacks threaten both Ukraine’s and global economic security.

The UK’s latest step comes after similar moves by its allies. In October, the European Union agreed to ban Russian LNG imports from 1 January 2027, while the UK and the United States sanctioned Russia’s two biggest oil companies, Rosneft and Lukoil.

British officials said the new ban aims to stop Russia from using British maritime services to export its gas and to further cut the funds Moscow uses to continue the war.

Reference: Reuters

Disclaimer :
The information on this website is for general purposes only. While efforts are made to ensure accuracy, we make no warranties of any kind regarding completeness, reliability, or suitability. Any reliance you place on such information is at your own risk. We are not liable for any loss or damage arising from the use of this website.

Disclaimer :
The information on this website is for general purposes only. While efforts are made to ensure accuracy, we make no warranties of any kind regarding completeness, reliability, or suitability. Any reliance you place on such information is at your own risk. We are not liable for any loss or damage arising from the use of this website.

⚓️ Enhance Your Knowledge. Prevent Accidents. Stay Safe at Sea.

1. eBooks for Engine Department

Master machinery operations, troubleshooting, and safety procedures with expertly written guides tailored for marine engineers. Prevent costly breakdowns and onboard accidents through practical knowledge.

👉 Explore Engine Department eBooks

2. eBooks for Deck Department

Sharpen your seamanship, navigation, and cargo-handling skills with real-world case studies and practical insights designed for deck officers and cadets.

👉Discover Deck Department eBooks

3. eBooks on Electrical Fundamentals & Issues

Understand marine electrical systems, identify potential faults, and prevent onboard electrical failures with step-by-step explanations from industry experts.

👉Get Electrical eBooks

4. Pocket Guides for Quick Reference

Compact, handy, and loaded with essential checklists—perfect for on-the-go reference during operations and emergencies at sea.

👉 Browse Pocket Guide eBooks

5. Combo Packs to Save Big

Access multiple expert eBooks at discounted prices. Ideal for professionals seeking complete safety and operational knowledge across various ship departments.

👉 Grab Combo Pack Offers

6. Digital Maritime Courses – Learn at Your Own Pace

Upgrade your competence with Marine Insight Academy’s online courses. Learn from industry professionals anytime, anywhere, and become a safer, smarter seafarer.

👉 Join Online Maritime Courses



Source: www.marineinsight.com

Related News

ENGINE: Europe & Africa Bunker Fuel Availabil...

2 hours ago

OceanScore Appointed Administrator of the Environm...

1 hour ago

Oshima Shipbuilding’s multi-fuel-ready Ultramax bu...

36 minutes ago

Signal Ocean announces strategic acquisition of AX...

2 minutes ago

Stolt-Nielsen Limited Reports Fourth Quarter Net P...

29 minutes ago