The growing shadow fleet of tankers transporting sanctioned Iranian, Venezuelan and Russian oil is filling up with the cheapest fuel available, hindering industry efforts to use cleaner fuel to. -May 29, 2024 at 01:03 am EDT
- MarketScreener
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The shadow fleet of tankers transporting sanctioned Iranian, Venezuelan, and Russian oil hinders efforts to reduce shipping emissions by using non-compliant, cheaper fuels. The growing fleet circumvents sanctions through deceptive practices, raising concerns about environmental impacts, safety, and regulatory enforcement. Authorities struggle to monitor and control these tankers effectively.
The growing shadow fleet of tankers transporting sanctioned Iranian, Venezuelan and Russian oil is filling up with the cheapest fuel available, hindering