EU sanctions violator – freighter Majed and Randy

July 21, 2014 at 07:39 by Mikhail Voytenko in General

In response to the annexation of Crimea and Sevastopol by Russia, the European Union has published Regulation 692/2014 of 23 June 2014, introducing trade sanctions in respect of goods originating in Crimea or Sevastopol and on the provision, directly or indirectly, of financing or financial assistance, as well as insurance and reinsurance, related to the import of such goods.
Ukrainian activists are closely monitoring Crimea ports ship calls, and recently, found one more violator. General cargo vessel Majed and Randy was docked in Sevastopol port, at grain terminal Avlita, from July 15 till July 17. Vessel is sailing to Famagusta port, Northern Cyprus. According to official statements of Rosselkhoznadzor (Agriculture State Agency of Russia), Crimea is exporting its’ grain to Saudi Arabia and Northern Cyprus. EU sanctions emphasize on grain exports, hence direct violation, made by m/v Majed and Randy and her owners.
All those who’d consider Majed and Randy for chartering should take into account all risks involved. Vessel may be arrested or detained in ports of Ukraine or EU, especially considering latest developments in Ukrainian crisis (Malaysia Airlines Flight tragedy). Vessel most probably, is operated by an Egyptian company, which either doesn’t know about sanctions, or found offer impossible to reject. One more guess is, Russian/Crimean grain traders can make deal or deals with shipowners, chartering their vessels purposefully for Crimean grain shipments, at exorbitant freight rates. Owner may exploit vessel exclusively on Crimea grain shipments, and after that, sold it or put in a lay-up. Crimea, according to Russian authorities, may export up to 500,000 tons of grain this season. So maybe, it’s worth it.
General cargo vessel Majed and Randy, IMO 8000305, dwt 6476, built 1980, flag Sierra-Leone, owner Farah-M Shipping Ltd, S-Kitts, manager Golden East Logistics, Alexandria, Egypt. Majed and Randy since 01.03. 2014. On a photo Majed and Randy under one of previous names.

EU sanctions violator – freighter Majed and Randy

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