Shadow-Fleet Oil Tanker Runs Aground Near Singapore December 8, 2023 By Bloomberg News A shadow-fleet oil tanker that had previously falsified its location to avoid detection on digital ship-tracking systems ran aground near...
EU Proposes to Ban Sale of Tankers to Russia to Curb Growth of Shadow Fleet November 17, 2023 The European Commission is proposing to ban the sale of tankers for crude oil and petroleum products to Russia to...
World’s Ghost Fleet in Focus Over US Russian Price-Cap Crackdown October 26, 2023 By Robert Harvey and Natalie Grover U.S. penalties on shippers transporting Russian oil in breach of the G7’s price cap could push more Russian cargoes onto...
Oil Tanker Adrift in Indian Ocean Is Latest Reminder of Dangers of Shadow Fleet October 11, 2023 By Alaric Nightingale and Chandra Asmara A 26-year-old oil tanker that’s moving fuel for Russia drifted for two days in a busy shipping lane in the...
Shadowy Russian Oil Trade Employs Fake Coordinates and Tanker Tricks September 29, 2023 By Alaric Nightingale On a sunny day off the southern coast of Greece last week, two aging tankers nestled next to each other...
Russia Dodges G7 Price Cap Sanctions on Most of Its Oil Exports: FT September 25, 2023 Russian crude oil supplies increased 50% this spring despite the G7 countries imposing sanctions due to war in Ukraine, the...
Insurers Raise Premiums for Black Sea Oil Tankers as Tensions Mount: Traders August 23, 2023 Insurance companies have notified charterers of ships operating in Russia’s Black Sea ports of an increase in additional payments known...
Russia’s Flagship Oil Rises Above G-7 Sanctions Cap, but Does Little to Impede Services August 22, 2023 By Alex Longley The price of Russia’s flagship oil may have jumped above a Group of Seven imposed cap but that has done...
Ukraine Black Sea Attacks Signal Expanding War; Russia Insurance Costs Likely to Rise August 7, 2023 By Bloomberg News The footprint of President Vladimir Putin’s war on Ukraine is growing fast after a weekend in which sea drones crippled...
Russia Oil Hitting $60 Cap Adds to Crude-Oil Buyers’ Banking, Shipping Woes July 14, 2023 By Serene Cheong A top buyer of Russian oil is bracing for trading trouble as the price of Urals, the country’s main export...