Dynagas wins reprieve in latest EU sanctions package

Contributing sentiments towards policy:

52% : The wider sanctions package introduces notification requirements for sales of LNG carriers and gives the EU powers to impose further restrictions on ships sold to Russian companies or citizens.
51% : The agreement nevertheless contains an important concession for Greece.Athens secured a 12-month exemption allowing Dynagas to continue transporting Russian LNG to buyers outside the EU, provided annual volumes do not exceed 2025 levels.
51% : EU foreign policy chief Kaja Kallas said the latest measures were designed to squeeze Russia's economy and its ability to finance the war in Ukraine.
49% : The dispute centred on restrictions due to halt Russian LNG transhipment and trading by EU companies from 2027, including cargoes ultimately destined for markets outside Europe.
45% : The European Union has added another 41 vessels to its Russian shadow fleet blacklist while granting Greek shipowner Dynagas a temporary reprieve from restrictions on carrying Russian LNG to countries outside the bloc.
42% : Greece had threatened to block the EU's 21st sanctions package over the impact of earlier measures on Dynagas and its ice-class LNG carrier operations.
38% : Dynagas argued the measures placed long-term contracts and financed ice-class tonnage at risk.
34% : They include non-EU tankers accused of circumventing the G7 oil price cap, supporting Russia's energy industry, transporting military equipment or carrying grain taken from occupied Ukrainian territory.

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