Russia’s shadow oil tanker fleet becomes everyone else’s problem

A shadow fleet of potentially 600 vessels is sustaining Russia’s oil flows, and shipping companies are not sure that these ships will focus on other services as freight rates are now increasing.
Photo: Tatiana Meel/Reuters/Ritzau Scanpix
Photo: Tatiana Meel/Reuters/Ritzau Scanpix
By Asad Zulfiqar and Alex Longley, bloomberg news

A USD 2.2bn fleet of oil tankers has been assembled to keep Russian crude and fuels exports flowing. 

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