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by SanjayMehta 521 days ago
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.

2 comments

> 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.