Kolkata, New Delhi, INDIA. New York, USA.
Business To Business, London, 16th June, 2026: The United Kingdom on Tuesday announced a fresh package of sanctions targeting Russia's "shadow fleet" of oil tankers, a move that comes shortly after the arrest of an Indian ship captain accused of violating Western sanctions related to Russian oil trade.
Indian captain charged
Ajay Pant, 38, was arrested by the National Crime Agency during a joint operation involving British authorities and armed forces that intercepted a tanker linked to Russia's shadow fleet in the English Channel.
According to UK authorities, Pant is scheduled to appear before a magistrates' court in Southampton.
Charges
The NCA has charged Pant with allegedly violating provisions of the:
Russia (Sanctions) (EU Exit) Regulations 2019
The specific allegation is that he:
directly or indirectly supplied or delivered prohibited Russian oil or oil products by ship to a third country during June 2026.
The charge relates to Regulation 46Z9B of the sanctions framework introduced by the UK following restrictions imposed on Russian energy exports.
What is Russia's shadow fleet?
The term "shadow fleet" generally refers to vessels used to transport Russian oil outside Western sanctions and price-cap mechanisms. These ships often operate through complex ownership structures, frequent flag changes, and opaque trading arrangements.
UK's latest sanctions
The new sanctions announced by the UK are aimed at: