shadow oil tankers News

Russian Oil Finds New Site for Controversial Cargo Switching

Under pressure from Greece’s navy, traders of Russian oil have found a new place to switch cargoes of crude in the Mediterranean sea, a sign of how hard it will be to clamp down on an activity that has alarmed …

Growing Shadow Fleet of Tankers, Shipping Sanctioned Oil, Are Burning Dirty Fuel

The growing shadow fleet of tankers transporting sanctioned Iranian, Venezuelan and Russian oil is filling up with the cheapest fuel available, hindering industry efforts to use cleaner fuel to cut shipping emissions, according to shipping data and sources. The global …

Nearly All Sanctioned Russian Oil Tankers Remain Idle and Empty Months After Sanctions

Dozens of tankers remain stuck doing nothing months after being sanctioned by the Treasury Department — a signal of the US’s scope to disrupt Moscow’s petroleum supply chain if it chooses to. Since October, 40 ships involved in Russia’s oil …

EU Aims to Target 11 Russian Ships Involved in Sanctions-Busting

The European Union has proposed restrictions on 11 vessels that contribute to Russia’s ability to sustain its war against Ukraine. The proposed measures, if approved by member states, would ban the ships from accessing EU ports and anchorage zones, and …

Key Insurer Says Russia Oil Price Cap Increasingly Unenforceable

A Group of Seven-imposed cap on the price of Russia oil is becoming increasingly unenforceable, an organization at the heart of the global insurance industry said, offering one of the most direct criticisms yet of measures that were meant to …

Shadow-Fleet Oil Tanker That Crashed Had Void Western Insurance

A shadow-fleet oil tanker that crashed in Denmark’s vital straits produced a set of insurance documents that weren’t valid, a stark example of how there’s little clarity about who would pay the bill if such a ship had a major …

Denmark Detains Shadow Fleet Oil Tanker After Ship Collision

Danish maritime authorities have detained a tanker that was due to carry Russian oil after it collided with another ship in its waters earlier this month. The Andromeda Star collided with a cargo ship called Peace south of Copenhagen on …

Shadow-Fleet Oil Tanker Damaged in Collision Near Denmark

A tanker from the shadow fleet of ships assembled to carry Russian oil was involved in a collision near Denmark, casting fresh light on the risks vessels with unknown ownership pose to the world’s oceans. The incident, which involved the …

Russia Oil Fleet Shifts Away From Liberia, Marshall Island Flags as Sanctions Ramp Up

Dozens of oil tankers used by Russia have stopped sailing under the Liberian and Marshall Islands flags in recent weeks after the United States ramped up sanctions enforcement on ships linked to those registries, according to shipping data and interviews …

Update: Tankers Tied to the Russian Oil Trade Grind to Halt Following US Sanctions

A chunk of the vast fleet of tankers that Russia uses to deliver its crude oil is grinding to a halt under the weight of US sanctions, a sign that tougher measures by western regulators might be starting to have …