Russia's fleet of supply vessels now makes up just shy of a fifth of global oil tankers operating across the world.
It represents more than a third of the roughly 600 ships in this fleet, which accounts for 70% of Russia's oil exports.
The "shadow fleet" comprises often aging, uninsured ships that aim to evade sanctions on Russian energy exports.
To sustain its oil exports, Russia has been drawing on a network of old tankers it sources from private sellers around the ...
Ukraine’s National Security and Defense Council (NSDC) has approved sanctions against 83 individuals involved in exporting ...
Russia is using non-sanctioned vessels and rerouting others to keep oil exports going, maritime data shows, but risks sanctions on even more ships.
Ceres I was already notorious. Since June 2023, Lloyd’s List had linked the vessel to the “shadow fleet”. These are vessels ...
Issue of the smuggling ships is emerging as a part of Trump’s campaign of maximum pressure against the regime in Tehran.
An undersea data cable between Latvia and Sweden was damaged early on January 26, the latest in a series of similar incidents ...
The European Commission proposes a new round of sanctions against Russia and Belarus, targeting media, aluminum, and the ...
Shipping firms may need to pay a fee to use the Baltic Sea, one of the world's busiest shipping routes, in order to cover the ...
The crude oil market is adapting quickly to the new sanctions against Russia's shadow fleet of tankers, albeit by creating ...