Washington has hit Sovcomflot (SCF Group) with restrictions as the US attempts to crack down on the Russian economy following the invasion of Ukraine.
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TradeWinds reporters across the globe are covering the shipping implications on the Russia-Ukraine crisis.
Amid a flurry of sanctions against Russian banks and businesses announced on Thursday, the White House has moved to block US entities from dealing in the shipowner’s long-term debt and preventing them from buying new shares.
