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by JumpCrisscross 522 days ago
> fossil fuel shipment departures from Russia has steadily declined from 80% in Jan 2022, to less than 20% in December 2024

What does No. 3 mean?

1 comments

It means official Russian shipment of oil has decreased, but what takes its place is the growth of ‘shadow’ tankers. And that reduces G7+ shipping industry’s leverage over Russia. It's in the article linked above. Most of the shadow tankers have helped Russia's oil trade stay alive https://apnews.com/article/russia-sanctions-shadow-fleet-oil..., mainly due to Chinese entities. But recently EU has put more sanctions on China for that https://www.reuters.com/world/europe/eu-adopts-new-russia-sa...

The co-mingling of Russian and Chinese naval forces is also very evident recently, with the recent cutting of European underwater cable. Are Russia and China conducting undersea sabotage? | DW News https://www.youtube.com/watch?v=2ObgVV-HJtI

What does “shadow tankers” even mean? These aren’t insured by the monopolies in the City of London so they’re “ghost” or “shadow” tankers?

Doesn’t make their oil carrying capacity any lesser.

> Doesn’t make their oil carrying capacity any lesser

They’re derelicts fond of puking up their contents [1]. More practically, dark crude sells at a 20 to 30% discount. (Granted, I know the Indian numbers more confidently than the Chinese refiners’.)

[1] https://www.politico.eu/article/russia-shadow-fleet-tanker-o...

“shadow tankers” mean pretending not to be Russia's tankers so as to evade sanctions.
> Are Russia and China conducting undersea sabotage?

this is still a question? yes, they are.