Shadow Fleet
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The shadow fleet: How Iran keeps its oil flowing despite sanctions and war
Operation Epic Fury was never just about US strikes on Iran or Tehran's retaliation. The conflict unfolded in one of the world's most important energy corridors, where every military escalation carried implications far beyond the battlefield. As aircraft carriers surged into the region, missiles lit up the skies and tensions around the Strait of Hormuz rattled global markets, governments and traders braced for the worst.
Watch: The oldest trick in the book—how Russia’s shadow fleet hides from global tracking
Last Sunday, French maritime forces, operating alongside the UK, intercepted a sanctioned Russian oil tanker that was part of the shadow fleet. What actually is this ghost fleet, and how does it affect Europeans? For most Europeans, it was just another quiet weekend, but out in the Atlantic, a high-stakes naval standoff was playing out.
Russian shadow fleet enabled by EU-linked insurers, investigators say
BRUSSELS — Ships illegally transporting sanctioned Russian oil are still operating with insurance ultimately backed by European financial markets, according to analysts and a lawmaker tracking the tankers. Russia’s so-called shadow fleet uses intermediaries and, ultimately, “European and Western banking organizations” to channel money and “basically wash the insurance through these middle hands,” said Ville Niinistö, chair of the European Parliament’s Delegation to the EU-Russia...
EU proposes new sanctions on Russian oil, 'shadow fleet', fisheries and soldiers
The new package of sanctions is intended to delay a scheduled review of the price cap on Russian oil, which has surged following the closure of the Strait of Hormuz, to avoid granting Moscow economic relief. The European Commission has proposed a fresh round of sanctions against Russia, targeting oil sales, the "shadow fleet", banks, cryptocurrency firms, metals, fish products and soldiers who have taken part in the full-scale invasion of Ukraine. The proposal, unveiled on Tuesday by...
Who keeps the Russian shadow fleet afloat?
Listen on Spotify Apple Music Amazon Music As the EU prepares to target Russia’s shadow fleet in the 21st sanctions package, we’re looking at the system that keeps these ships in business. Every one of these Russian vessels carrying sanctioned goods requires port access, crews, financial services and more to stay operational. On today’s episode, Zoya Sheftalovich and Sarah Wheaton pinpoint insurance in particular.
France seizes Russian suspected shadow fleet vessel
French authorities on Monday confirmed the country’s Navy intercepted and seized a Russian oil tanker sailing under a false flag. The Tagor, which departed from the Russian port of Murmansk, was boarded more than 400 nautical miles off France’s Atlantic coast on Sunday. French officials suspect the ship was flying a false flag and is part of the so-called shadow fleet of mostly aging oil tankers used to circumvent sanctions imposed after Moscow’s full-scale invasion of Ukraine in...
France and allies intercept suspected Russian shadow fleet tanker, Macron says
Russia has reportedly built up a flotilla of old oil tankers of opaque ownership to get around sanctions imposed by the European Union over Moscow's 2022 full-scale invasion of Ukraine. France and its allies detained a sanctioned Russian oil tanker in the Atlantic over the weekend, President Emmanuel Macron said on Monday. The Tagor was detained on Sunday morning in international waters with the help of the United Kingdom and other partners, he said in a social media post.
Persian Gulf LNG Exporters Are Adopting Shadow-Fleet Tactics
The LNG Aquarius liquefied natural gas tanker at Java Sea offshore in Jakarta, Indonesia, on Sunday, Oct. 31, 2021. The world is facing an energy crisis, with demand rebounding as economies reopen after the pandemic. Photographer: Dimas Ardian/Bloomberg
Members of Wagner mercenary group ‘guarding Russia’s shadow fleet through the English Channel’
Wagner is a state funded private military previously led by Yevgeny Prigozhin, who led a coup against Putin