Shadow Fleet facilitates Russian oil export to Asia
The Russian giant oil tankers have resumed transporting Ural crude to Asia by transferring oil from one ship to another, in response to rising Chinese demand, increasing shipping costs, and growing security risks along global trade routes. The Della tanker departed from the Suez Port heading to Singapore, carrying approximately 200,000 tons of crude through this method, which allows for large quantities to be pooled before long-distance transfer. Traders expect China's oil imports from Russia to increase in the coming period, especially as regional supplies decline due to disturbances. Russia is successfully exploiting the shortages in the Middle East and relying more on supertankers to reduce costs and achieve greater flexibility in transportation.
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