Shadow fleet tankers flock back to being flagged as Russian, creating more headaches for EU states
4 Articles
4 Articles
Shadow fleet tankers flock back to being flagged as Russian, creating more headaches for EU states
Tankers are re-flagging 'en masse' to Russia, in order to dodge EU crackdowns. So European governments now face the risk that a detained ship could trigger a more direct diplomatic clash with Moscow.
Western sanctions seem to be changing not only the routes of Russian oil, but also… the flags of ships. Thus, according to a study by the Center for Research on Energy and Clean Air (CREA), published by Deutsche Welle, the number of ships with a Russian flag increased by 36% in about a year and a half. The reason […] The article The Russian fleet under the national flag increased by 36% due to sanctions appeared first on FLIGHT.
While NATO and EU countries step up intercepts of unregistered tankers at sea, Moscow is giving them its national flag en masse, making these vessels legally inviolable to European naval forces.
The Russian Federation was able to significantly increase the scale of its “shadow fleet” of tankers, minimizing the effectiveness of the G7 and European Union sanctions to limit crude oil prices. The number of tankers with questionable ownership or lack adequate Western insurance used to transport Russian oil has increased by almost a third over the past year. While in mid-2023, the fleet numbered about 417 vessels, to date, its number has exce…
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