Russia bought a significant part of its "shadow" fleet from Western countries - investigation
Shipowners helped Russia create a shadow fleet of over 600 tankers, which, according to KSE estimates, transports about 70% of its oil.
Western shipping companies profitably sell their old tankers to Russia, which forms them into a so-called "shadow fleet" to transport its oil, bypassing Western sanctions.
At least 230 such vessels, many of which were intended for scrap, have been sold over the past three years of war.
The total sales exceeded $6 billion, as revealed by an investigation conducted by the Dutch project Follow the Money, in collaboration with media from nine countries and the Kyiv School of Economics (KSE), as reported by The Moscow Times.
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5 of February 2025