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Russian Federation Iran Venezuela

How tankers sold in the red-hot tanker sale and purchase market are supercharging dark fleet oil trades

Many of the newly sold elderly tankers are now sailing to Russia to load their first post-purchase cargo

  • Analysis

The demand for elderly tankers for sanctioned Russia-based, Venezuela-based and Iran-based oil trades has lifted secondhand prices by as much as 50% across some segments over the past six months and expanded the fleet of vessels operating in the dark fleet to more than 320

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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