Russia Expands Dark Fleet of LNG Carriers
At a Glance Covert Transfers and Reflagging Activity Three 20-year-old liquefied natural gas (LNG) carriers were recently sold to a newly formed company in Türkiye, with two subsequently reflagged to Sierra Leone, a ship registry favored by Russia’s dark fleet. All three LNG carriers have yet to signal their next destination to load a post-sale...
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Distress or Deception? Sea Horse ‘Not Under Command’ While Delivering Cuba Gasoil
At a Glance Sea Horse, a medium range tanker sailing for Cuba laden with Russian gasoil has been broadcasting it is “not under command” and that it is drifting in the Sargasso Sea for nearly three weeks. AIS tracking suggest the Hong Kong-flagged tanker has now resumed its voyage for Cuba and is set is...
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U.S. Treasury Expands Pressure on Iran’s Shadow Fleet and Weapons Procurement Networks
At a Glance Expanding Pressure on Iran’s Maritime and Weapons Networks On February 25, 2026, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated more than 30 individuals, entities, and vessels linked to Iran’s shadow fleet and to networks supporting ballistic missile and advanced conventional weapons production. The action targets two...
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The EU Maritime Services Ban That Didn’t Pass: Implications for Russian Trade
At a Glance A Sanctions Escalation That Stalled The European Union’s proposed maritime services ban on Russia was expected to mark a structural escalation in sanctions enforcement. Instead, EU ministers failed to reach an agreement, delaying the adoption of the bloc’s 20th sanctions package after opposition led by Hungary, with at least one other member...
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Russian Diesel Tanker Sails for Cuba as U.S. Order Blocks Oil Imports
A tanker carrying Russian diesel is sailing for Cuba even as tightening U.S. pressure on the island’s fuel supply has forced other shipments to abort voyages or cancel loadings. Vessel Movements, AIS Changes, and Cargo Origin The Hong Kong-flagged medium-range tanker initially broadcast Havana as its destination on February 7, then altered its AIS signal...
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