Russia is trying to evade Western sanctions on its LNG Tanker Fleet by transferring ownership of its three LNG tankers, earlier managed by Russian companies Gazprom and Sovcomflot, to a new company in Dubai’s free trade zone.
Some aspects of the management of tankers named Velikiy Novgorod, Pskov, and La Perouse were transferred to Matias Ship Management, a newly opened company in Dubai, per Bloomberg, which cited global shipping database Equasis.
The...