russian “shadow fleet” of tankers looks like this

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russian oil exports

All of these tankers can be seen almost 24/7. There is an epidemic of reprints from American and Finnish professional reports with this terminology. BUT – in these reports, experts finally put this word in quotation marks and explain that the so-called “shadow fleet of tankers” means the following:

  1. These tankers belong to owners from countries that do NOT comply with the EU and G7 embargo and “price ceiling”.
  2. These tankers are NOT insured by Western insurance companies.
  3. Many owners of these tankers are registered in offshore jurisdictions.

Source: BlackSeaNews

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