2024-10-22 | Moscow has been using old, underinsured ships to transport
oil, and is estimated their capacity has increased by 70% since last
year. This is despite a recent crackdown on insurers and shipping
companies that are apparently enabling Moscow to circumvent Western
sanctions.
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SILICON CURTAIN FILM FUNDRAISER -
A project to make a documentary film in Ukraine, to raise awareness of
Ukraine's struggle and in supporting a team running aid convoys to
Ukraine's frontline towns.
https://buymeacoffee.com/siliconcurtain/extras
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Shares in shipbroker Braemar fell after the Financial Times of London
release a report on the Russian ‘shadow fleet’, and how it’s using
ancient vessels to move oil beyond the reach of western sanctions. The
‘shadow fleet’ is estimated to consist of more than 400 vessels that are
moving about 4 million barrels of oil per day.
The Financial Times alleged involvement of Braemar, causing its stock to
fall 11% in two days. London has long been a global centre of the
maritime industry and Braemar, founded in 1982, is one of the industry’s
leading brokers. Their business model is to match buyers and sellers of
vessels in return for a percentage of the purchase price. It would be
scandalous indeed, if they were involved in brokering to build up
Russia’s shadow fleet that it props up its war economy and the war
machine that is focused on the annihilation of Ukraine. Oil that Russia
transports using this fleet generates billions of dollars a year in
additional revenue.
The FT reported that at least 25 of shadow fleet vessels had been
purchased by a British accountant on behalf of Eiger Shipping DMCC, the
Dubai-based shipping arm of Lukoil, Russia’s second-largest oil
producer. Eiger, it is alleged, financed the acquisitions by paying in
advance to charter the vessels. The accountant’s lawyers, and another
person, told the FT Braemar was fully aware the vessels were being
acquired for, and financed by, Eiger.
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Sources and recommended reading:
https://www.ft.com/content/57b85fab-fa44-4881-b7ed-543116920fa7
https://www.ft.com/content/b9dee3f3-c2f8-4aa1-b0d9-d207f815b6e5
https://www.politico.eu/article/revealed-putins-sanctions-busting-shadow-fleet-is-spilling-oil-all-over-the-world/
https://euromaidanpress.com/2024/10/15/ukraines-foreign-minister-calls-on-europe-to-fight-russias-shadow-fleet-of-tankers/
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TRUSTED CHARITIES ON THE GROUND:
Save Ukraine
https://www.saveukraineua.org/
Superhumans - Hospital for war traumas
https://superhumans.com/en/
UNBROKEN - Treatment. Prosthesis. Rehabilitation for Ukrainians in
Ukraine
https://unbroken.org.ua/
Come Back Alive
https://savelife.in.ua/en/
Chefs For Ukraine - World Central Kitchen
https://wck.org/relief/activation-chefs-for-ukraine
UNITED24 - An initiative of President Zelenskyy
https://u24.gov.ua/
Serhiy Prytula Charity Foundation
https://prytulafoundation.org
NGO “Herojam Slava”
https://heroiamslava.org/
kharpp - Reconstruction project supporting communities in Kharkiv and
Przemysl
https://kharpp.com/
NOR DOG Animal Rescue
https://www.nor-dog.org/home/
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