Council Regulation (EU) 2023/2878 of December 18, 2023, amending Regulation (EU) No. 833/2014 resulted in the adoption of the 12th package of sanctions against Russia, with the aim of imposing additional import and export bans combating sanctions circumvention and closing loopholes.
This package of sanctions affects a wide array of areas and industries, ranging from Russian-origin diamond imports to the oil price cap mechanism. In particular to shipping, the regulation introduced article 3q...
https://mmf.org.mt/sanctions-in-shipping-navigating-the-12th-package-of-sanctions-against-russia/