Three oil tankers that were sanctioned by Britain for transporting Russian oil are now sailing under the flag of Barbados, a country with its operational base in London. The tankers – Galaxy, Freedom, and Rigel, which were involved in carrying barrels for Moscow, have made this switch. The Barbados Maritime Ship Registry, based at the country’s High Commission in London, is responsible for these vessels, providing them with diplomatic immunity.
Sailing under so-called open registers in countries unrelated to their commercial base is a common practice for merchant vessels. This enables them to comply more efficiently and cost-effectively with international maritime regulations. Flag states, like Barbados, play a crucial role in ensuring safety standards in the maritime industry. However, the British government, uncomfortable with this London connection, had previously named these tankers for their role in destabilizing Ukraine.
In addition to the vessel sanctions, the UK is participating in a price cap on Russian oil as part of the G7 initiative. Companies are restricted from providing essential services for Russian deliveries above specific cost thresholds. The switch to the Barbados flag is advantageous for the tankers, as the country is on a white list known for maintaining high standards of ship safety. Since the British sanctions, two of the tankers’ ownership has been transferred to unknown companies, raising questions about their future operations.
More Stories
India Revamps Ship Ownership Regulations to Boost Shipbuilding Industry and Global Presence
West Bengal Signs Contract for 13 Hybrid Ferries to Enhance Sustainable River Transport
Destination Zero Strategy Unveiled for Net-Zero Emissions by Cummins