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Sweden Grabs Its First Shadow Vessel || Mar. 10, 2026 (1 of 3)
Sweden and Shadow Fleet - transcript.pdf 21.4 KB
March 10, 2026

Sweden Grabs Its First Shadow Vessel || Mar. 10, 2026

Sweden has seized its first shadow fleet vessel. They even went after a bulk carrier rather than a tanker. As more countries join in on the crackdown on Russia's shadow fleet, the dominoes are beginning to fall.

There's a good chance that the entire shadow fleet could be dismantled within the next weeks and months. However, there are over 1,000 ships, so there isn't enough port space to bring them all in. Expect to see these aging vessels parked off the coast before they can be shipped off to India or Bangladesh to be scrapped.

Beyond the obvious impact on Russian, Iranian, and other oil supplies, global shipping could shift into a shortage as the vessels are retired.

Comments (11)

C
Casey · June 10, 2026

I wonder what happened to the prediction that "the entire shadow fleet could be dismantled within the next weeks and months"? I know some ships have been seized by non-US naval forces and received little publicity. But how much of the shadow fleet is still in operation?

J
John Pombrio · March 10, 2026

What's that? 6 out of 1,000 shadow fleet vessels? Talk about rounding errors. Add to the massive increase in crude prices, as these ships are carrying gold instead of oil.

M
Mike Sharrow · March 10, 2026

Isn’t the drop of the shadow fleet likely a systemic inflation factor for the global economy supply chain with drop in supply of ships, crews, goods without demand curve relief? So should all countries experience a slight GDP dilution and cost of goods uptick from this?

P
Patrick Ryan · March 10, 2026

Trump is going to come to the shadow fleets aid. He called Putin yesterday. Trump needs oil prices to come down. Russian oil will be one way to do that. Expect him to lean on the Ukrainians to stop going after Russian energy infrastructure. Trump is going to save the Russian war effort. Just when you thought he couldn’t get any worse.

P
Paul R. Anderson · March 10, 2026

300 years ago the Sweeds would paint the gun decks red so when they got hit and men were killed and maimed by enemy cannon balls the spattered blood would not scary the rest of the crew during the battle. Bottom line my Sweedish ancestors were naval bad asses.

M
Max · March 10, 2026

I can't wait till the shadow fleet ends!

M
Michael H Precht · March 10, 2026

Shipping stocks should benefit!

L
Lee Lambert · March 10, 2026

My question exactly; I know Peter won’t give stock tips, but I bet some of you know which shipping stocks would be best. Any recommendations?

L
LumenM · March 10, 2026

"The lesser of the two things going-on ... all at once ... so buckle-up." ... 🤨 So what is in your view ... The Greater of the two ... that is happening ... All at once? In your view ... Peter ...???... 😺 ... The Iran war ... that measly little-blip of nothing ... aaah ... it's nothing. No-Biggie. Rilee ... WeGodiz💩 ... noduhproblum ... okay-nuduhBigProblum-awwriiiite ...?!?!... SoTher-TruzdMe ... 🙌 👼

r
raino9513 · March 10, 2026

Did he really say it was nothing?

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Marco B. · March 10, 2026

Buckle down is more like it! Chump is taking sanctions OFF Putin's shadow fleet! he should just get to his fucking knees and suck Vlad off while he's at it! Congress is more likely to view that tape more easily than a pee tape or a rape tape or whatever the fuck!