- Nov 17, 2011
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Sanctions are not often effective, but in this case they actually stopped attack helocopters from being sent to Syria (at least for now).
If I was Russia, I would insure the vessel for the trip, just to spite everyone.
Read more: http://www.foxnews.com/world/2012/0...pters-to-syria/?test=latestnews#ixzz1yFEr8WXeA British marine insurer cancelled its coverage of a Russian ship after learning the ship may be carrying helicopters and missiles to Syria, The Telegraph reported.
The ship, named MV Alaed, reportedly picked up the Mi25 helicopters known as flying tanks, which were being repaired at the Russian port of Kaliningrad, the report said. The helicopters were then shipped on a course that most likely would lead them to the Syrian port of Tartous, the report said.
The European Union, under sanctions announced last year, banned the export of arms to Syria and do not allow companies to provide insurance for those exports, the report said. With no insurance, sources tell the paper that the ship cannot complete its voyage.
After being informed by the British government that insuring the shipment would likely be a breach of EU sanctions, Standard Club, the insurer, reportedly stopped covering any ship owned by Femco, the Russian cargo line, The Telegraph said.
"We were made aware of the allegations that the Alaed was carrying munitions destined for Syria," the company said in a statement to the paper. "We have already informed the ship owner that their insurance cover ceased automatically in view of the nature of the voyage."
Officials told the paper that they will continue to monitor the ship, which now sits off the coast to Hebrides, Scotland.
If I was Russia, I would insure the vessel for the trip, just to spite everyone.
