Flag registries drop Iran-linked ships amid sanctions scrutiny
Panama, the world’s largest flag registry, moves to deflag seven tankers and investigates a further two liquefied petroleum gas carriers for US sanction violations
Flag-shopping is one strategy to evade scrutiny used by about 40 tankers and gas carriers shuttling crude, fuel oil and LPG to China and Syria via ship-to-ship transfers and off-the-radar shipments
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