Five Azerbaijani-owned vessels removed from European Union sanctions list
Baku, April 24, AZERTAC
By a decision of the Council of the European Union dated April 23, 2026, the sanctions imposed on the ASCO-owned vessel Zagatala, as well as on the vessels Shusha, Garabagh, Khankendi, and Zangezur, owned by a joint venture of ASCO and SOCAR, were lifted. According to the decision, the aforementioned vessels were removed from the European Union sanctions list.
The positive resolution of the matter was made possible through coordinated diplomatic and legal efforts carried out by the Presidential Administration of the Republic of Azerbaijan, the Ministry of Foreign Affairs, the Ministry of Digital Development and Transport, ASCO, a company under AZCON Holding, as well as SOCAR.
The vessels in question had been leased to third parties under long-term charter agreements, while their operations were carried out in full compliance with international regulations, including sanctions requirements. The decision is considered the result of an objective approach grounded in international law and constructive dialogue.
As a state-owned company engaged in international shipping activities, ASCO will continue to operate in strict compliance with national legislation, international legal norms, and international sanctions regimes.
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