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Russia News LIVE | Russia Ukraine News | Russia Using Shadow Fleet To Transport Oil | News18 Live

Last Updated: December 01, 2022, 16:06 IST

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Russia News LIVE | Russia Ukraine News | Russia Using Shadow Fleet To Transport Oil | News18 LiveThere are just enough ships in the so-called “shadow fleet” for Russia to maintain its crude exports at current levels, BRS Group said.The French shipbroker said on Monday that it counts 1,027 tankers, 503 of which are over 51,000 dwt, moving sanctioned cargoes worldwide, enough ships to keep exports up but still tight overall.“Considering the fleet capacity, we believe that if anything will hinder Russia’s crude exports post-5 December, it will be Russia finding sufficient non-OECD buyers to replace the 1.4m barrels per day currently purchased by European refiners,” BRS Group said.