Published 1 year ago

Russia’s ‘shadow fleet’ of 100 oil tankers; reaps US$1 billion of wheat

Summary by Ground News

Russia has assembled a "shadow fleet" of more than 100 oil tankers, the Financial Times reported. The move is a bid to bust western sanctions imposed following Vladimir Putin's invasion of Ukraine. The EU imposed a ban on Russia's seaborne imports, which takes effect on Monday, and reached a deal to cap Russian crude at $60 a barrel.

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South China Morning Post

Russia’s ‘shadow fleet’ of 100 oil tankers; reaps US$1 billion of wheat

Shipping brokers and analysts estimate Moscow quietly amassed more tankers this year after new Western sanctions. Also, 6 million tons of wheat was collected from areas controlled by Russia, Nasa says.

1 year ago·Hong Kong

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Newsweek

Russia's "shadow fleet" to bypass oil sanctions likely doomed to failure

The U.S. has said a cap on the price of Russian oil will restrict Moscow's funding of the war in Ukraine.

1 year ago·United States

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Business Insider

Russia assembles a 'shadow fleet' of more than 100 oil tankers as Putin tries to bust western sanctions, report says

Shipping brokers and analysts told the Financial Times Moscow has quietly added tankers this year and comes as Europe imposes a price cap on Russian oil.

1 year ago·United States

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ZN.UA Зеркало недели

Russia is creating a “shadow fleet” of tankers to circumvent oil sanctions

According to analysts, the “shadow fleet” will reduce the impact of restrictive measures, but will not eliminate it.

1 year ago·Kyiv, Ukraine

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Ukrinform (UA)

Russia creates “shadow fleet” to export oil bypassing sanctions — media

Russia creates a “shadow fleet” of old tankers for oil exports, bypassing the sanctions imposed on it because of the war against Ukraine. — Ukrinform.

1 year ago·Ukraine

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Business Insider SA

Russia assembles 'shadow fleet' of more than 100 oil tankers as Putin tries to bust western sanctions

Shipping brokers and analysts told the Financial Times Moscow has quietly added tankers this year and comes as Europe imposes a price cap on Russian oil.

1 year ago

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