TFIGlobal
TFIGlobal
TFIPOST English
TFIPOST हिन्दी
No Result
View All Result
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
TFIGlobal
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
No Result
View All Result
TFIGlobal
TFIGlobal
No Result
View All Result
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean

‘Old Tankers Never Die!’ Russian model of Oil Profiteering

Ansh Pandey by Ansh Pandey
March 22, 2023
in Europe, Geopolitics, Global Issues, Russia
Russian tankers
Share on FacebookShare on X

The transportation of oil by unidentified tankers through the Gulf of Finland has become a growing concern after the G7 implemented a $60 price cap on Russian oil and the EU and UK imposed a ban on the seaborne import of Russian crude oil. This has led to an increase in long-distance shipments using questionable vessels, which has created significant risks for maritime safety and the environment.

As a result, hundreds of Russian tankers in poor condition are arriving in the already congested Gulf of Finland, which has significantly multiplied the risks for maritime safety and the environment. In the event of an accident and an oil spill, the consequences could fall on countries like Finland and Estonia since the authorities are unaware whether the ”ghost tankers” are adequately insured.

Also Read

Italy Blocks NATO’s 2027 Ukraine Aid Plan, Exposing Growing Alliance Divisions

Why Russia’s Su-35 and R-37M Combo is Emerging as the Deadliest BVR Threat in Modern Warfare

NATO Russia Drone Hysteria Ends? Denmark Admits No Proof of Russian Drone Threat After 9-Month Probe

Read More: Finland threatens NATO

Lieutenant commander Tuomas Luukkonen of the Gulf of Finland coast guard emphasized that the crew of some of these vessels may not have sailed in the area before, which poses a risk for an accident. This is a significant concern, considering the significant increase in shipping companies that have appeared during the last six months.

(Source: Euractive)

Ulla Tapaninen, a Tenured Associate Professor of Maritime Transport at Tallinn University of Technology, added that shipping companies are currently taking care of the oil shipments from Russian ports. However, there has been a significant increase in the number of shipping companies, which are mostly unknown, and this makes it difficult to obtain information about the crew or the condition and age of the vessels.

The fact that these vessels are not stopping at European ports is a significant cause for concern since there is no way to ensure that they meet the necessary safety and environmental standards. Additionally, the lack of insurance coverage for these old vessels makes the transportation of oil more hassle-free but also poses significant risks to the environment and maritime safety.

The West’s concern about Russian oil deliveries is not new, as Russia continues to find new ways to exploit sanctions. This time, Russia is using old oil Russian tankers in shallow gulfs to bypass export sanctions. The Gulf of Finland is seeing old Russian tankers with unanimous ownership travelling to export oil and gas to nations in Asia and the Middle East. Russia’s uninsured exports have jumped to 45%, creating a significant challenge for authorities in the region.

Read More: The Sweden-Finland episode is just another reminder of how adulterous EU nations are!

Despite the concerns of NATO countries like Finland and Estonia, the West has failed to stop Russian oil flow, and they continue to cry foul. However, the fact remains that the use of old Russian tankers and vessels to transport oil poses significant risks to the environment and maritime safety. It is vital that authorities take necessary steps to ensure that these vessels meet the necessary safety and environmental standards and that they are adequately insured to mitigate the risk of any accidents or oil spills. Failure to do so could result in significant consequences for countries in the region and the environment.

 

Tags: EstoniaEUFinlandGulf of FinlandOil tankerRussiasanctions
ShareTweetSend
Ansh Pandey

Ansh Pandey

Associate Editor, tfiglobalnews.com

Also Read

Italy Blocks NATO’s Long-Term Ukraine Aid Pledge, Raises Concerns Over 2027 Commitment

Italy Blocks NATO’s 2027 Ukraine Aid Plan, Exposing Growing Alliance Divisions

July 1, 2026
Germany to Bring Back Military Conscription by 2027 as Recruitment Falls Short

Germany to Bring Back Military Conscription by 2027 as Recruitment Falls Short

June 30, 2026
Ukraine-Poland Rift Deepens Over Lviv’s Bloody History as Zelensky and Nawrocki Clash

Ukraine-Poland Rift Deepens Over Lviv’s Bloody History as Zelensky and Nawrocki Clash

June 29, 2026
African Country 'Burkina Faso' Ends Diplomatic Relations with France amid Deepening Anti-West Shift

African Country ‘Burkina Faso’ Ends Diplomatic Relations with France amid Deepening Anti-West Shift

June 27, 2026
Denmark Backtracks on Russian Drone Claims as Investigation Finds No Evidence

NATO Russia Drone Hysteria Ends? Denmark Admits No Proof of Russian Drone Threat After 9-Month Probe

June 27, 2026
Iran Strikes US Fifth Fleet Base in Bahrain, Damages Key HQ; America Launches Fresh Counterattack

America Thought This Base Was Safe — Then Iran’s Missiles Hit Bahrain’s Fifth Fleet HQ

June 27, 2026
Youtube Twitter Facebook
TFIGlobalTFIGlobal
Right Arm. Round the World. FAST.
  • About Us
  • Contact Us
  • TFIPOST – English
  • TFIPOST हिन्दी
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy

©2026 - TFI MEDIA PRIVATE LIMITED

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
TFIPOST English
TFIPOST हिन्दी

©2026 - TFI MEDIA PRIVATE LIMITED

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. View our Privacy and Cookie Policy.