U.S. Monitors Shadow Fleet Oil Transfers in Southeast Asia

The United States is monitoring ship-to-ship transfers involving tankers from shadow fleets in Southeast Asia, which pose safety and environmental hazards, Geoffrey Pyatt, U.S. Assistant Secretary for Energy Resources, told Bloomberg on Tuesday. “A significant consideration for the maritime states of Southeast Asia is the risks that come from some of these shadow fleet operations, where you have older vessels, often with questionable insurance coverage and uncertain safety records,” Pyatt told Bloomberg on the sidelines of an energy…