Denmark Explores Measures Against Russian ‘Shadow Fleet’

In Denmark, Reuters reports Denmark is considering steps to prevent a fleet of older tankers that often lack recent inspections and proper maintenance known as the “shadow fleet,” from transporting Russian oil through the Baltic Sea. These vessels operate with unclear ownership and insufficient insurance coverage, posing significant environmental risks. Approximately one-third of Russia’s seaborne oil exports, representing 1.5% of global supply, transit through the Danish straits to the Baltic Sea. This action from Denmark has drawn strong objections from Russian diplomats, who label it as unacceptable.

Disrupting these supplies could raise oil prices and affect Russia’s finances. With Western restrictions on Russian oil prices aimed at curtailing funds for military operations in Ukraine, Russia increasingly depends on older tankers registered and insured outside Western jurisdictions.

Denmark, in collaboration with allied nations, is assessing strategies to address this fleet, although specific measures have not been disclosed, stated Foreign Minister Lars Lokke Rasmussen.

This move follows the UK’s recent imposition of 50 new sanctions on Russia, targeting its shadow fleet, and ongoing EU proposals for sanctions against Sovcomflot, a major Russian shipping company.

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