The so-called "shadow fleet" of oil tankers is being formed in the world for the benefit of Russia - Bloomberg

Director of Maersk Tankers in Denmark, that operates a fleet of 170 ships, Christian Ingerslev notes that "if you look at how many ships have been sold in the last six months to unknown buyers, it becomes clear that a fleet is being created to transport these cargoes".

The head of tanker research at Braemar said that there has been a sharp increase in tanker trading by unknown entities in Dubai, Hong Kong, Singapore and Cyprus. Many of them are old vessels and will end up in the shadow fleet.

Photo: Bloomberg