An investigation has revealed that US and European shipowners sold at least 230 old tankers to Russia’s “shadow fleet,” which helps Russia evade sanctions on oil exports. These sales have earned more than $6 billion since Russia invaded Ukraine in 2022.
Greek shipowners sold the most tankers, totalling 127 vessels, while companies from the UK, Germany, and Norway sold smaller amounts. The ships sold are now used to transport Russian oil and even engage in...