Hoisting Russian Flags, ‘Shadow Fleet’ Edges Into the Light
AI Summary
A growing number of "shadow fleet" oil tankers, used to circumvent sanctions, are adopting Russian flags to gain protection from Western enforcement. The Marinera, previously the Bella 1, switched to a Russian flag while being pursued by the U.S. military for illicit oil trade. Five tankers operating near Venezuela have recently made the switch, and over 40 have done so since last June, according to Lloyd's List. This trend reflects a desire for security, as these vessels have used multiple fake flags previously. In one instance, Russia intervened directly when Estonia stopped a tanker. These aged shadow vessels provide a lifeline to sanctioned countries like Venezuela, Iran, and Russia.
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