Page 3 - Shadow Fleet News Today

(Bloomberg) -- The west’s sanctions on Russian oil exports are failing to deprive the Kremlin of revenue to fund its war in Ukraine, meaning the measures are not succeeding in one of their principal objectives.Most Read from BloombergAston Martin Owner Lawrence Stroll Sells F1 Team Stake at £1 Billion ValuationHamas Mastermind Who Tricked Israel Is Top Target in Gaza TunnelsApple Plans to Make It Easier to Text Between iPhones and Androids‘Fed-Friendly’ Data Lift Bonds ...

Washington is considering new sanctions.

Newly established commodity trading firms in Hong Kong and the UAE have been managing a significant portion of Russian oil exports, enabling the trade to remain robust.

Irene Ang at Tradewinds is reporting that Kurow Shipping, a mysterious tanker company with ties to the Shadow Fleet of tankers transporting Russian oil has reportedly signed a contract for the constru...

Russian oil prices at a key port are nearing the $60 cap set by Western sanctions, potentially testing the resolve of Western leaders and impacting the global energy market.

(Bloomberg) -- Russia’s flagship Urals crude oil breached a price cap set by the Group of Seven, a blow to western sanctions and potentially an economic win for Moscow.Most Read from BloombergSingapore Minister Faces Most Serious Graft Probe Since 1986DeSantis Says No Thanks to $377 Million in US Energy FundsGoldman Breaks Its Own Rule to Flag Results Much Worse Than RivalsSaudi Arabia’s PIF Wealth Fund Takes $11 Billion Investment HitUS Inflation Hits Two-Year Low, Giving Hope for...

Oil sanctions against Russia threaten to erode Moscow’s economic resilience, shrink profits due to high freight costs to deliver to Asian buyers and heighten the risk of shadow fleet vessels causing catastrophic spills.

A growing array of participants from around the shipping industry are raising concerns about the increasing dangers as the shadow fleet of tankers con...

Singapore, a major hub for oil transportation and storage, has detained more oil and chemical tankers this year than any previous year.

Three crew members are missing from a Gabon-registered tanker that caught fire on Monday in the South China Sea, a Malaysian maritime enforcement agency official said on Tuesday.