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Almost 1,000 Russian oil tankers traverse the world's oceans. Why do they pose an environmental threat? And why are they vital to Russia's economy? Chapters: 00…
Almost 1,000 Russian oil tankers traverse the world's oceans. Why do they pose an environmental threat? And why are they vital to Russia's economy?
Chapters:
00:00 - Introduction: The Shadow Fleet & The Grinch
01:36 - Western Sanctions & Why the Fleet Exists
02:46 - Environmental Risks & Asian Trade Routes
04:33 - Impact on Russian Oil Revenue
05:34 - Global Market Balance & Outlook
#Russia #ShadowFleet #Shipping #dwbusiness
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because NATO has put unilateral sanctions on Russia, even tho its not at war with them.<br>Sanctions must be agreed at the UN level, otherwise they are unlawful.
@@Shining237Imported2wk ago
Stop provoking the Russians and give peace a chance.
@@petergreen5337Imported2wk ago
❤Russia has the RIGHT to SELF determination and economic development
@@arsenasvarov1400Imported2wk ago
The audacity to call it "shadow" because they arent insured in London is staggering. <br>After this war, London will once and for all lose its monopoly on vessel insurance, thank God
@@no_one_caressImported2wk ago
Poor definition of shadow 😮
@@albertoserrano67Imported2wk ago
To avoid us nato sanctions
@@cordellmohawk8408Imported2wk ago
Those are headed to the US now their good lol
@@provetanimalhealth3367Imported2wk ago
Otherwise diesel price in Germany would have doubled.
@@felipe-viborImported2wk ago
Only one reason, because the west call them that way
@@crymeariver-k4zImported2wk ago
Russia is a boogeyman for EU or what? They are creating myths around russia at this point
@@youngElephantImported2wk ago
they are 'shadow fleet' because they are not insured by london.
@@Death2DataCentersImported2wk ago
It exists for Ukrainian drones to blow up 😊
@@marcbjorg4823Imported2wk ago
This show is pathetic nonsense. It just covers up the fact that Europe did not order enough new tankers and LNG ships. Plus you can't even make them at competitive prices.
@@marcbjorg4823Imported2wk ago
What is the shadow fleet?<br>Mainly old tankers which because of their age are no longer allowed into western ports. Because of age.<br>These represent 60% of the global tanker fleet.<br>These are insured in Hong Kong perfectly legal.<br>For years western nations have not ordered enough LNGs, VLCCs etc. <br>A VLCC can currently only be manufactured in China. Cost $160mio.<br>Such a new VLCC usually costs $70,000.- per day to hire. But because of their shortage the current rate for a VLCC is 1mio per day. Good business if you have one not stuck in the straight of Hormuz. <br>So basically, because Europe and the USA are not ordering enough ships, that are safe and modern, the old ships must stay in service. If you take these away, the flow of oil to Europe and the rest of the world would drop by 70%. Many of these old ships are larger than the new ones. As the the G7 sanctions on Russia, only about 50 nations implement these and they also don't require new VLCCs etc. So these old ships make the world go round. China is pretty mich delivering all the new ones. In the EU they only make new taxes. Can you make a VLCC, because you need 22 now and then 11 per year... LoL
@@TheMightyKingzuruImported2wk ago
EU and Russia have different definitions of "shadow fleet."
@@sarahbrown5073Imported2wk ago
The Russian "shadow fleet" doesn't exist. It's just a term that was made up to describe any ship that has ever visited a Russian port, or transported Russian cargo, that is insured with an insurance company that is not Lloyd's of London.
@@frankhoffman9329Imported2wk ago
There is a shadow fleet because western leaders find reasons not to enforce existing laws against these ships.
@@HansTempelImported2wk ago
It operates in the shadows.
@@Daniel-wn5yeImported2wk ago
G7, NATO, EU should just confiscate them and melt them and with the money earned, to build / purchase more weapons to give Ukraine to win this awful ward started and continued by Russia!
@@doppelganger5833Imported2wk ago
<a href="https://www.youtube.com/watch?v=5OU0ICw2KPY&t=279">4:39</a> <br>Transporting oil using a shadow fleet is generally much cheaper; there is no insurance, no requirements for the condition of the vessel, and no regulations apply to these vessels.
@@nobs997Imported2wk ago
This shipment is supposed to bring the gas prices down in the US in the for midterm elections