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Surge in Dark Ship-to-Ship Transfers Raises Concerns Amid Rising Oil Prices

Surge in Dark Ship-to-Ship Transfers Raises Concerns Amid Rising Oil Prices
blog image
Maritime

Surge in Dark Ship-to-Ship Transfers Raises Concerns Amid Rising Oil Prices

The third quarter witnessed a significant increase in dark ship-to-ship transfers (STS), with 792 operations globally, up from 615 in the previous quarter. These clandestine transfers, involving turning off transponders, are suspected to be linked to Russia, Iran, and Venezuela, all facing Western sanctions. The surge is attributed to sanctioned producers seeking to boost sales amid a rise in international crude prices. Despite regulatory efforts, the shadowy fleet engaged in dark STS continues to grow, allowing sanctioned trades to circumvent restrictions. The trend raises concerns about potential collision and pollution risks and challenges in enforcing sanctions and international law.




SOURCE: GOOGLE


04 Dec 23
blog image
Maritime

Surge in Dark Ship-to-Ship Transfers Raises Concerns Amid Rising Oil Prices

The third quarter witnessed a significant increase in dark ship-to-ship transfers (STS), with 792 operations globally, up from 615 in the previous quarter. These clandestine transfers, involving turning off transponders, are suspected to be linked to Russia, Iran, and Venezuela, all facing Western sanctions. The surge is attributed to sanctioned producers seeking to boost sales amid a rise in international crude prices. Despite regulatory efforts, the shadowy fleet engaged in dark STS continues to grow, allowing sanctioned trades to circumvent restrictions. The trend raises concerns about potential collision and pollution risks and challenges in enforcing sanctions and international law.




SOURCE: GOOGLE


04 Dec 23
blog image
Maritime

Surge in Dark Ship-to-Ship Transfers Raises Concerns Amid Rising Oil Prices

The third quarter witnessed a significant increase in dark ship-to-ship transfers (STS), with 792 operations globally, up from 615 in the previous quarter. These clandestine transfers, involving turning off transponders, are suspected to be linked to Russia, Iran, and Venezuela, all facing Western sanctions. The surge is attributed to sanctioned producers seeking to boost sales amid a rise in international crude prices. Despite regulatory efforts, the shadowy fleet engaged in dark STS continues to grow, allowing sanctioned trades to circumvent restrictions. The trend raises concerns about potential collision and pollution risks and challenges in enforcing sanctions and international law.




SOURCE: GOOGLE


04 Dec 23