EU-Sanctioned Tanker Uses Fraudulent Malawi Flag to Transit Suez Canal
A high-risk tanker that was transmitting the fraudulent flag registry of Malawi transited the Suez Canal on July 18, in breach of the Suez Canal Authority’s rules of navigation. Malawi is designated as a fraudulent registry by the International Maritime Organization, which lists the EU- and UK-sanctioned tanker Night Glory (IMO 9319674) as falsely flagged....
Read more
Greek Shipowners Fill Russia’s Tonnage Void to Blunt Sanctions Impact
European-owned vessels are now exporting nearly 40% of all Russian oil. This not only blunts the impact of sanctions on Russia but introduces new trade patterns that require greater risk management for marine service providers, including insurers and charterers. Windward analysis of June tanker activity shows that 37% of Russian-origin crude and refined products were...
Read more
Tankers Newly Reflagged to Vanuatu Show Not All Sanctions Are Equal
Not all sanctions are equal. There’s no better contemporaneous example than EU-sanctioned, Russia-trading Aframax tanker Torex (IMO 9257814), which sailed through the English Channel on Thursday (July 3), heading to northern European waters to load at Russia’s Baltic ports. The 22-year-old ‘dark fleet’ ship has learned to play the game of maritime regulatory arbitrage with...
Read more
Benin: Newest False Flag Used by Iran’s Shadow Fleet
Two VLCCs Flagged Under Fraudulent Benin Registry Benin has become the newest country exploited by Iran’s dark fleet, with two very large crude carriers (VLCCs) falsely claiming its flag. Azelia (IMO 9365776), a 2009-built VLCC, is currently broadcasting Benin’s flag — one designated as false by the International Maritime Organisation (IMO). Another VLCC, Flora (IMO...
Read more
6 Key Maritime Trends from the Iran Conflict
Get Ahead of Risk with Maritime AI™
Read more
