U.S. puts 14 Russian state shipping company Sowcomflot on a blacklist.
The aim is to reduce Russian revenue from oil sales. Ghost ships are freighters that did not come from G7 or EU countries. They are not insured for transport, according to a report by the private Kyiv School of Economics (KSE) Five new shipping companies based in the United Arab Emirates have started transporting Russian crude oil without insurance since November. Almost three quarters of the tankers deployed by Moscow in December were more than 15 years old.