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Four tankers in subterfuge fleet scrapped

Vintage tankers operating in US-sanctioned trades shipping Iranian and Venezuelan crude have weighed on earnings and curbed recycling, now at 20-year lows

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Three of the vessels were formerly owned by Greece’s Gotsis family before their sale to anonymous Emerati business, which used them to ship Venezuelan crude for several voyages before scrapping

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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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