Russia began to use newer tankers to transport oil – Kommersant
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Carriers began to use newer tankers to transport Russian sanctioned oil. This was reported Bloomberg with reference to data from VesselsValue Ltd.
By the end of June 2023, the average age of tankers had dropped to 15 years from 19 years in October 2022. According to Bloomberg, carriers began to use newer tankers after increased inspections of such vessels in Asia.
As noted by Bloomberg, China recently stepped up inspections of old tankers in the port of Qingdao. In Singapore, several tankers were also detained due to failure to pass security checks. In May, a 26-year-old ship exploded off the coast of Malaysia, heightening concerns about the use of old ships.
After the introduction of a price ceiling for oil from Russia, international companies became refuse from tankers that carried Russian oil. mass media also reported on the shadow fleet: in December, the Financial Times wrote about 100 ships, Bloomberg about 600.
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