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Experts predict that the recent sanctions imposed by the US Department of the Treasury on Turkish and UAE-based shipping companies… READ MORE
In Iran, a network of intermediaries entrusted by the state with selling oil owes the government between €10bn and €11bn. This was stated in September by the country’s judiciary spokesperson. The sum is equivalent to approximately half of the planned oil revenues in Iran’s budget for the current financial year, Al Jazeera reports. Oil sales through…
To create the shadow fleet that illegally transported Russian oil, Putin relied on aging tankers whose prices suddenly skyrocketed − among them were many former Greek-owned ships💵 Investigation: In November 2022, the Greek-owned tanker Aris completed its last oil delivery from Russia to Singapore. Two months later, on January 31, 2023, the ship transmitted its…
The French Navy detained the DF Peak tanker in the Indian Ocean, more than 450 nautical miles (one nautical mile equals 1,852 meters) south of Réunion Island. French President Emmanuel Macron announced this on October 12 in a post on the social media platform X. “France is determined to combat the ‘shadow fleet’ around the…
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