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EU Searches for Legal Ways to Interdict Russia’s "Shadow Fleet" Tankers

EU nations are working out new ways to interdict the Russian “shadow fleet” of aging tankers in the Baltic, four diplomatic sources have informed Politico. The effort includes new legislation that would codify protocols into law. 

EU members have grown concerned about the risks posed by the anonymously-owned, questionably-insured Aframaxes and Suezmaxes that serve Russian oil terminals in the Baltic Sea. These vessels lift oil that is priced above the G7 “cap” on tanker services, and are flagged, owned, insured and classed using non-Western…

CONTINUE READING THE ARTICLE FROM The Maritime Executive HERE

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