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Tackling Russia’s ‘shadow fleet’ | The National

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Crude oil tanker NS Creation, owned by Russia's Sovcomflot, sails through the Bosphorus in Istanbul. Reuters

Crude oil tanker NS Creation, owned by Russia’s Sovcomflot, sails through the Bosphorus in Istanbul. Reuters

Crude oil tanker NS Creation, owned by Russia’s Sovcomflot, sails through the Bosphorus in Istanbul. Reuters

Moscow has spent an estimated $7 billion buying old tankers that would otherwise have been scrapped, with a combined loading capacity of 1.7 million barrels per day.

Robin Molens

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