Tag: shadow fleet

BREAKING NEWS: Drone Strike Hits Oil Tanker in Black Sea Amid Escalating Attacks on Russian 'Shadow Fleet'

A Palau-flagged Suezmax oil tanker, the Elbus, was damaged in a suspected Ukrainian drone strike in the Black Sea off Turkey’s Kastamonu province on January 8, 2026. The vessel, en route to Russia’s Novorossiysk port and linked to Moscow’s “shadow fleet,” suffered upper deck damage but no crew injuries or oil spill. This is the latest in a series of attacks aimed at disrupting sanctioned Russian oil trade.

Putin Vows Response to Ukraine's Mediterranean Tanker Drone Strike

Russian President Vladimir Putin has vowed a response after Ukraine’s Security Service (SBU) conducted its first-ever drone strike on a Russian-linked oil tanker in the Mediterranean Sea. The attack targeted the Oman-flagged Qendil, part of Russia’s “shadow fleet,” causing critical damage in neutral waters near Crete.

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Greek Tankers Persist in Shipping Russian Oil Despite New EU Sanctions, Face Ukrainian Attacks

Greek-owned tankers are set to continue transporting Russian oil despite the EU’s new eighteenth sanctions package, which imposes a floating oil price cap of 15% below market rates for Russia’s Urals blend, currently at $47.60 per barrel. Comprising 20% of Russia’s shadow fleet, these EU-certified ships face increased complexity but remain vital to Moscow’s exports. Meanwhile, Ukraine has escalated attacks, with explosions targeting Greek tankers linked to Russia’s oil trade, raising concerns of a broader sabotage campaign.

The Greek city of Alexandroupolis is the site of a new liquified natural gas (LNG) project, funded in part by the European Commission with the aim to create jobs in the region and reduce its reliance on Russian gas.

Activity Surge in Russia's Shadow Fleet Near Greece

Recent developments have highlighted a surge in activity from Russia’s shadow fleet near the Greek coast. With approximately 1 million barrels of fuel being transferred monthly in the Aegean Sea, Greek naval exercises strive to limit these operations. The shadow fleet’s activities, often shrouded in secrecy, aid in evading sanctions, raising concerns over vessel safety and insurance.

Greek shipowners do not care about sanctions against Russian oil Ukraine

Increase in Ship-to-Ship Loadings for Russian Diesel in Northern Aegean

Traders are increasingly utilizing a new ship-to-ship (STS) loading site in the northern Aegean Sea to move Russian diesel cargoes, as Western sanctions impact vessels transporting fuel from Russian ports. Since the EU imposed a full embargo on Russian oil products in February 2023, many traders have redirected exports to various destinations, complicating traceability for Western countries. The Laconian Gulf has emerged as a popular STS location due to its proximity to Russian ports and the Suez Canal. Recent data indicates a notable rise in STS activities, driven in part by new sanctions targeting the export of Russian oil products.

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