{"id":42439,"date":"2026-03-25T05:20:54","date_gmt":"2026-03-25T05:20:54","guid":{"rendered":"https:\/\/financialrush.com\/?p=42439"},"modified":"2026-03-25T05:20:54","modified_gmt":"2026-03-25T05:20:54","slug":"how-the-shadow-fleet-is-capitalising-on-the-chaos-of-war","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=42439","title":{"rendered":"How the shadow fleet is capitalising on the chaos of war"},"content":{"rendered":"

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December 2022<\/p>\n

The Strateg, originally named Melodia<\/span> and sailing under the Marshall Islands<\/span> flag, is part of a fleet exporting crude oil from Russia<\/span><\/p>\n<\/div>\n

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June 2023<\/p>\n

The ship is renamed Li Bai<\/span> and changes its flag to Panama<\/span><\/span><\/p>\n

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2024<\/p>\n

It makes calls to Russian ports where oil consistently breaches the $60 price cap<\/span><\/p>\n<\/div>\n

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January 2025<\/p>\n

The vessel is placed under sanctions by the US<\/span><\/p>\n<\/div>\n

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February 2025<\/p>\n

Renamed Azuron<\/span> and registered under a false Guyana<\/span> flag<\/span><\/p>\n<\/div>\n

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April 2025<\/p>\n

Renamed Danshui<\/span> and registered under a false Comoros<\/span> flag<\/span><\/p>\n<\/div>\n

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May 2025<\/p>\n

Sanctions imposed by the EU<\/span><\/span><\/p>\n<\/div>\n

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July 2025<\/p>\n

Sanctions imposed by the UK<\/span><\/span><\/p>\n

Registered under a false Benin<\/span> flag<\/span><\/p>\n<\/div>\n

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December 2025<\/p>\n

The vessel, now in effect stateless, is reportedly sold to Russian buyers. Photographs show it entering the Bosphorus Strait with a freshly painted Cyrillic name, Strateg<\/span>, and flying the Russian flag<\/span><\/p>\n

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February 2026<\/p>\n

FT analysis of ship tracking data and satellite imagery analysis shows the Strateg<\/span> engaging in ship-to-ship transfers with other vessels under sanctions near the Suez Canal<\/span><\/p>\n

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March 2026<\/p>\n

The vessel is en route to deliver crude to the Vadinar refinery on India\u2019s west coast, a facility backed by Russia\u2019s state oil company<\/span><\/p>\n<\/div>\n<\/div>\n\n
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