Key facts
- A ship carrying Russian diesel has changed its destination to "for orders."
- EU ships can only transport Russian diesel if sold at or below the $100 price cap.
- Shipowners must obtain attestations confirming price cap compliance.
- Maltese authorities are seeking attestations from the vessel's owners.
A ship flagged in the European Union, the Agioi Fanendes, is reportedly carrying Russian diesel to the U.S., raising questions about how such trade continues despite extensive EU sanctions. The vessel, owned by Greek company Eastern Mediterranean Maritime, has changed its destination to "for orders" as it travels through the Baltic Sea. EU law permits the transport of Russian oil products by EU-flagged vessels only if they are sold at or below the G7 price cap of $100 per barrel. Shipowners are required to obtain attestations from their customers confirming this compliance. Maltese authorities have confirmed they are seeking these necessary attestations from the ship's owners and operators.