bought more than 100 old tankers

bought more than 100 old tankers

There Russia setting a real “Shadow Fleet” To avoid the sanctions that Western countries have introduced in response to the invasionukraine, have to report The Financial Times, citing data from shipping brokers and analysts. According to the British economic-financial newspaper, Moscow bought more than 100 used cars tankers To reduce the effect of gas sanctions.

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These are mostly anonymous purchases. The ships are typically 12 to 15 years old, meaning they will be decommissioned in the next few years, said Anup Singh, head of tanker fleet research in Bremer, a small village in the Scottish Highlands. In October, Andrey Kostin, head of state-owned VTB Bank, said about $16.2 billion would be spent. ,expand tanker fleet,, and Russian Deputy Prime Minister Alexander Novak said in March that the country would expand ,delivery method, of oil.

Russia needs more than 240 tankers to maintain current export volumes, according to Rystad analyst Viktor Kurilov. Until now, most of the transportation was done by outside companies, as Moscow did not have its own tankers. But sanctions have radically changed the landscape: companies in the United States, Great Britain and other countries have refused to insure these ships, and as a result traders have stopped transporting Russian oil by sea. Hence the shift in Moscow’s strategy, which could reshape the country’s economic and financial balance.

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