The Shadow Fleet

[HavokFour]

Russian tugboats are going to be busy.

Russia threatens to deploy navy to protect vessels from ‘western piracy’

Official says blockade on ‘shadow fleet’ would be illegal, and raises prospect of retaliation against European vessels

www.theguardian.com

 

[Kirkhill]

U.S. Indicts Captain of an Oil Tanker the Coast Guard Chased for Weeks

The charges include falsely flying a Guyanese flag and failing to obey a Coast Guard order to halt the ship for boarding by U.S. forces.

www.nytimes.com

 

[OldSolduer]

Russia has a fleet? I thought it was resting peacefully at the bottom of the sea.
Restin - like the Norwegian Blue…

 

[KevinB]

Russia has a fleet? I thought it was resting peacefully at the bottom of the sea.
Restin - like the Norwegian Blue…

Well Russia just admitted by their own government release that the shadow fleet is in fact a wholly owned subsidiary of USSR 2.0 regardless of the flags of convenience they fly.

 

[Kirkhill]

When supply goes down demand goes up and prices follow demand.

Okeanis Eco Tankers VLCCs averaging $104,000 per day in first quarter

Greek tanker owner declares dividend of $1.55 per share after huge profit in fourth quarter

www.tradewindsnews.com

 

[Kirkhill]

And China still benefits. The West arrests old ships serving Russian masters. China still needs the oil. It builds new ships for new masters.

Pantheon Tankers joins Greek VLCC rush in China - Splash247

Greek owner Pantheon Tankers Management has moved to further expand its crude fleet, ordering four very large crude carriers at China’s Hengli Heavy Industry. Market sources say the Anna Angelicoussis-controlled company has contracted the yard for four 306,000 dwt VLCCs, with deliveries slated...

splash247.com