Shadow fleet of tankers keeps Russia's oil money flowing

Shadow fleet of tankers keeps Russia's oil money flowing despite Western sanctions
Dodging the cap has increased the price Russia gets for its oil on global markets, sanctions experts say. The discount for Russian oil compared to international benchmark Brent crude has shrunk from as much as $35 per barrel to less than $10 per barrel. Russia has seen oil income hold up steadily and even rise.
Russian Shadow Fleet's Jazz Tanker Breaks Down in 'NATO Lake'
A vessel believed to be part of Russia's shadow fleet is reported to have broken down in the Baltic Sea after suffering an engine malfunction. The accession of Finland and Sweden to NATO in response to Russian President Vladimir Putin's invasion of Ukraine in February 2022 means that the Baltic Sea is surrounded by members of the military alliance,
Disabled 'shadow fleet' oil tanker to be towed out of German waters
A stricken tanker loaded with Russian oil that lost the ability to manoeuver in the Baltic Sea near the German island of Rügen will likely be towed towards Skagen at the northern tip of Denmark, German authorities said on Monday.
German tugs towing stricken oil tanker thought part of Russia's 'shadow fleet'
German maritime authorities said Saturday they are towing a disabled oil tanker in the Baltic Sea thought to be part of Russia's clandestine "shadow fleet" used to evade Western sanctions.
Dozens of tankers carrying Russian oil stopped after latest US sanctions
At least 65 oil tankers have anchored in various locations around the world, including off the coasts of China and Russia, since the US announced a new package of sanctions on January 10, Reuters reports.
TradeWinds1h
‘Risk is growing’: Shipping’s top regulator warns of growing shadow fleet safety threat
Arsenio Dominguez reminded flag states of their responsibilities as shadow fleet operators look to light-touch registries ...
Putin's Shadow Fleet Goes Adrift After Joe Biden's Parting Blow
Dozens of oil tankers have dropped anchor following the Biden administration's sanctions against Russia's shadow fleet.
Polish army denies report of 'shadow fleet' ship circling near pipeline
The Polish army on Tuesday denied a media report saying that a Russian "shadow fleet" ship had been seen circling over the Baltic Pipe subsea pipeline. A report by Polish state broadcaster TVP World, ...
TradeWinds20h
US shadow fleet sanctions sting lights fire under VLCC spot rates and futures
VLCCs have continued to climb amid a flurry of fixtures in the aftermath of a renewed US sanctions campaign. Jefferies said ...
OCCRP18h
U.S. Levies Further Sanctions Against Russia’s ‘Shadow Fleet’
The U.S. Treasury levied further sanctions last week against Russia’s major oil producers and tanker fleets, many of which ...
The New York Times18d
Has Russia’s Shadow Fleet, Built to Evade Sanctions, Added Sabotage to Its List?
By Michael Schwirtz Western officials have long been concerned about Moscow’s so-called shadow fleet, an assemblage of aged tankers created to covertly carry Russian crude oil around the world.
Countries are tracking Russia's shadow fleet using AI after suspected attacks on undersea cables
A coalition of northern European countries led by the UK is using AI to track Russia's shadow fleet after suspected undersea ...
Ukrainska Pravda on MSN4d
Ukraine calls on West to step up counteraction to Russia's shadow fleet after environmental disaster in Black Sea
The Ministry of Foreign Affairs of Ukraine has called on its partners to step up counteraction to Russia's shadow fleet of ...
Oil Freight Traders Pile In as Russia Sanctions Push Rates Up
Oil-freight derivatives trading surged to the highest in at least a decade as the Biden administration’s sanctions on Russia ...