Dark fleet
Sanctioned Ships Account for 58 Percent of Tanker Scrapping in 2026
Sanctioned vessels are taking an extraordinary share of the tanker recycling market this year, with 22 blacklisted tankers making up 58 percent of all reported tanker demolition sales.
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Dark fleet
Recycler sees US license as a route to retire shadow-fleet ships
Ship recycler GMS says a US Treasury license allowing the scrapping of sanctioned vessels could offer a legal path to permanently retire ageing shadow-fleet tankers.
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