Sanctions withheld, while Ukrainian cities bombed — but Rubio calls it US “broker” strategy
While Trump’s peace initiatives falter, attacks hit Ukraine, Poland, and even Norway, Denmark, and Moldova.
A vast shadow fleet of tankers with unknown owners is being amassed to service Moscow’s interests, Bloomberg reports.
This is happening in the run-up to Dec. 5, when the EU is due to ban Russian crude imports and halt the provision of shipping, financing and insurance cover to related trades,
“If you look at how many ships have been sold over the past six months to undisclosed buyers, it’s very clear that a fleet is being built up in order to transport this,” said Christian Ingerslev, chief executive officer of Maersk Tankers A/S in Copenhagen.
Anoop Singh, head of tanker research at Braemar, also said that there had been a spike of tanker trading in the runup to 5 December.
According to shipbroker Braemar, 240 more vessels - 102 Aframaxes, 58 Suezmaxes and 80 very large oil tankers - have been purchased to support Russia's transportation of four million barrels per day to the Far East. Last year they carried Iranian and Venezuelan oil.
To suggest a correction or clarification, write to us here
You can also highlight the text and press Ctrl + Enter
Please leave your suggestions or corrections here
We are an independent media outlet that relies solely on advertising revenue to sustain itself. We do not endorse or promote any products or services for financial gain. Therefore, we kindly ask for your support by disabling your ad blocker. Your assistance helps us continue providing quality content. Thank you!
