without prejudice
OPINION
MUSHROOMS SOCIETY
Dwell in a Dark Room
Kept Warm and Fuzzy
Feed Bovine Waste
On November 12, the UK government announced it would ban British companies from providing any maritime services to vessels carrying Russian liquefied natural gas.
For one company in particular, the announcement landed like a depth charge. Seapeak Maritime (Glasgow) Ltd., a UK-registered arm of the broader Seapeak group, controls six of the fifteen specialized carriers that serve Russia’s Yamal LNG project on the Arctic coast.
Now, under the new regulations being phased in throughout 2026, all of that comes to an end. A UK government spokesperson confirmed explicitly to industry observers that Seapeak is included within the scope of the sanctions with no exceptions.
The company will no longer be permitted to provide shipping, insurance, or any other maritime-related services for Russian LNG cargoes once the ban takes full effect.
Full story: gCaptain