Potential for Russia to Seize Vessels

There is a potential for Russia to use the ambit of procedural/approval issues as a pretext for the effective detention or seizure of vessels at Russian ports, should Russia deem this to be advantageous.
That’s according to Dryad Global’s latest Triton Scout Maritime Security Threat Assessment (MSTA), which was updated on March 14.
“On 8 March 22, Russia indicated that all corporate deals with companies and individuals from ‘unfriendly countries’ will now have to be approved by a government commission,” Dryad’s latest MTSA stated.
“The announcement from Russia is assessed to be deliberately vague so as to create the conditions of commercial uncertainty and allow for a degree of flexibility and possible reprisal action in the face of further unfavorable sanctions by listed countries towards Russia,” the MTSA added.
“Whilst it is unclear whether the term ‘corporate deal’ refers to the specific acts of vessels from these countries calling at Russian ports, it is clear that under the recent announcement there is a potential for Russia to use the ambit of ‘procedural/approval issues’ as a pretext for the effective detention or seizure of vessels at Russian ports should Russia deem this to be advantageous,” the MTSA continued.
On March 3, Dryad Global noted on its site that reporting from the Ukrainian Sea Ports Authority reported that the Panamanian flagged cargo vessel HELT (IMO8402589) had been struck whilst anchored 23nm ESE of Odessa Port. In its February 28 MTSA, Dryad stated that, since the outbreak of hostilities, a number of vessels had been struck by missiles within waters south of the Ukrainian port of Odessa.
On March 14, NATO Shipping Centre (NSC) announced that the risk of collateral damage or direct hits on civilian shipping in the North Western Black Sea area are considered “very high”.
“There are strong indicators that the intensity of military operations along the Ukrainian Black Sea coastline and in the Gulf of Odessa are increasing,” the NSC noted in a statement posted on its website.
“The risk of GPS jamming, AIS spoofing, communications jamming, electronic interference and cyber-attacks in the area are considered high. Harassment and diversion of shipping in the area cannot be excluded,” NSC added in the statement.
To contact the author, email andreas.exarheas@rigzone.com
What do you think? We’d love to hear from you, join the conversation on the
Rigzone Energy Network.
The Rigzone Energy Network is a new social experience created for you and all energy professionals to Speak Up about our industry, share knowledge, connect with peers and industry insiders and engage in a professional community that will empower your career in energy.
- Shell Looking for TikTok Expert
- Earthstone in $627MM Delaware Basin Deal
- Permian Highway Pipeline in Expansion Project FID
- Top Headlines: USA Energy Sec Leads Meeting with 7 Major Oil Companies
- Market Says Boo! To OPEC+
- Calgary Stampede Returns With Oil Boom Vibe
- UAE Raises Fuel Prices Again
- Bureau Veritas Gets Services Deal On Shell UK Facilities
- Libya Crude Oil Exports Drop Sharply
- Major Licensing Rounds Coming Up In MSGBC Region
- USA Condemns Mortar Attacks on IKR Oil Infrastructure
- Sonatrach Makes Massive Gas Find In Sahara Desert
- Who Produced the Most Oil and Gas in 2021?
- Libya Says It May Suspend Oil Exports from Key Terminals
- G7 Weighs Russia Oil Price Cap
- First-Ever 8th Gen Drilling Juggernaut Delivered To Transocean
- Oil Prices Buck Recession Trend
- Exxon, Shell, CNOOC To Develop CCS Project In China
- Shell Chief Says World Heading for Turbulent Period
- More Oil Workers Being Trained to Operate in Permian
- USA Navy and Iran Corps Clash in Strait of Hormuz
- Oil Industry Responds to Biden Letter
- Top Headlines: USA Navy and Iran Corps Clash in Strait of Hormuz and More
- Oil Nosedives on Fed Inflation Actions
- Top Headlines: Oil Industry Responds to Biden Letter and More
- Too Early To Speculate on ExxonMobil Refinery Fire Cause
- Fitch Solutions Reveals Latest Oil Price Forecast
- ExxonMobil Made More Money Than God This Year
- Russian Oil Disappears as Tankers Go Dark
- OPEC+ Set to Remove All Production Curbs in August