US TO SANCTION RUSSIAN VESSEL BUILDING NORD STREAM 2 GAS PIPELINE IN BALTIC SEA

On 18 January, Rferl reported that the Trump Administration has told government officials in Berlin and other European capitals that the sanctions on the Fortuna ship would be under existing legislation known as CAATSA.  The sanctions would punish any European company that helps Fortuna complete the Nord Stream 2 project, which is designed to carry natural gas from Russia to Germany across the Baltic seabed.

https://www.rferl.org/a/us-sanctions-nord-stream-ship-fortuna-russia-ukraine-germany/31051506.html

Meanwhile –

NORD STREAM 2 CONSORTIUM SAYS COMPLETION OF PROJECT CAN PROCEED

On 18 January, Insurance Marine News reported that the Nord Stream 2 consortium had announced on 15 January that preparatory work to complete the subsea gas pipeline to Germany in Danish waters could go ahead.  The Gazprom-led consortium pointed to the latest notifications from the Danish Maritime Authority.  It also mentioned that the 2010-built, Russia-flagged, 40,978 gross tonnage Fortuna is owned and managed by Universal Transport Group LLC of Moscow, Russia.

https://insurancemarinenews.com/insurance-marine-news/nord-stream-2-consortium-says-completion-of-project-can-proceed/

If you would like to make a (polite) gesture and make a (very) modest contribution to my ongoing with my relocation, removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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