It has cleared committee and can be brought up at any time, though no date is set.
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Why This Matters
This bill imposes sanctions on ships and companies involved with Russia's shadow fleet, aiming to limit their operations and support.
If you care about international law and fair trade, this bill aims to hold violators accountable.
Who this affects
shipping companies · foreign businesses · workers in ports
What changes is this bill making?
1The bill targets vessels linked to Russia's shadow fleet, which operates outside of international regulations.
2It imposes penalties on foreign individuals and companies that assist these vessels in evading sanctions.
3Ports that accept oil from these Russian ships will also face sanctions.
4The bill aims to align U.S. sanctions with those of the European Union and the United Kingdom.
5It includes measures to track and report on Russian oil exports and related activities.