The Kremlin is using old, poorly maintained tankers to sell crude oil above the Western allies’ price cap. The European Union responded on Wednesday with new sanctions targeting the so-called “shadow fleet” of Russian tankers. These ships circumvent Western restrictions to generate revenue essential for financing the war in Ukraine.
The shadow fleet includes uninsured, aging ships with serious safety risks, raising fears of environmental disasters in European waters. Some vessels are over 20 years old, operate with obscure ownership, and rely on “flags of convenience” from nations like Panama and Liberia. Deceptive practices, including falsified data and switched-off transporters, are common tactics used to avoid detection.
EU Targets Ships and Drone Supply Chains
As part of the sanctions, the EU also blacklisted several Chinese companies accused of aiding Russia’s drone production. Diplomats confirmed that 50 vessels from the shadow fleet were added to the blacklist, up from 27 in the previous package. Sanctioned ships are denied EU port access and services like insurance and financing.
The sanctions represent the EU’s 15th package since Russia’s invasion of Ukraine in February 2022. This package, modest compared to earlier rounds, was agreed upon despite concerns over Hungary’s close ties to Moscow. Ursula von der Leyen, president of the European Commission, emphasized the importance of maintaining pressure on the Kremlin.
Brussels warns that the shadow fleet’s poor condition increases the risk of oil spills and environmental catastrophes. The EU hopes the latest measures will curb Russia’s ability to fund its war efforts while addressing potential ecological threats near its territory.
