Tankers
The long game: how tanker companies invent new loopholes for the transportation of Russian oil
In 2023, a new and mysterious company “Kurow Shipping” appeared on the tanker market. The company attracted attention by immediately ordering eight new tankers at one of the Chinese shipyards. In addition, Kurow Shipping may be associated with the transportation of Russian oil.
Why this case is something new for companies of the so-called shadow fleet – read in the USM article.
The Houthis mistakenly attacked a tanker with Russian oil
The Yemeni Houthis mistakenly attacked a Panamanian-flagged tanker carrying Russian oil.
The UAE has banned the passage of some tankers that can carry Rosneft
The United Arab Emirates has banned tankers from Cameroon, which may carry Russian oil, from entering its waters.
A tanker heading to Russia broke down near the coast of Turkey
The Panamanian-flagged tanker Elijah, which was traveling from Spain to Russia, broke down off the coast of the Turkish island of Gökçeada in the Aegean Sea.
Rosneft’s exports to India fell sharply
Shipments of Russian crude oil decreased significantly in the last months of last year.
Russian tankers have been unable to deliver oil to India for a month
About five million barrels of Russian Sokol oil cannot be delivered to refineries in India.
Russia is building an oil terminal near a naval base
“Rosneft” continues to build an oil terminal on the western shore of the Kola Bay. The terminal will practically be adjacent to the base of the Russian Navy.
Half of Russian oil is transported by “shadow” tankers
Russia’s oil export revenue for October became the second largest in 2023. Half of the volumes were transported by “shadow” tankers, which are not subject to the price cap policy.
The EU plans to ban countries from reselling tankers to the Russian Federation
The European Commission proposes to ban the sale of tankers for the transportation of crude oil and petroleum products to Russia.
UAE tankers are the largest illegal transporter of Russian oil
Almost 41% of the tankers of the so-called “shadow fleet”, which bypass sanctions and transport Russian oil, are registered in the United Arab Emirates.
