How the shadow fleet is capitalising on the chaos of war

Date:

Share post:


December 2022

The Strateg, originally named Melodia and sailing under the Marshall Islands flag, is part of a fleet exporting crude oil from Russia

June 2023

The ship is renamed Li Bai and changes its flag to Panama

2024

It makes calls to Russian ports where oil consistently breaches the $60 price cap

January 2025

The vessel is placed under sanctions by the US

February 2025

Renamed Azuron and registered under a false Guyana flag

April 2025

Renamed Danshui and registered under a false Comoros flag

May 2025

Sanctions imposed by the EU

July 2025

Sanctions imposed by the UK

Registered under a false Benin flag

December 2025

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, and flying the Russian flag

February 2026

FT analysis of ship tracking data and satellite imagery analysis shows the Strateg engaging in ship-to-ship transfers with other vessels under sanctions near the Suez Canal

March 2026

The vessel is en route to deliver crude to the Vadinar refinery on India’s west coast, a facility backed by Russia’s state oil company

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

Remote Work Is on the Rise in 2026 — and High Earners Are Cashing In

Remote job postings increased 20% over Q4 2025, driven by high-paying roles and shifting worker priorities around...

This Viral Gen-Z Clothing Brand Went From $100K to $16M—and Now It’s Coming to Target

Parke, known for its logo sweatshirts, is a hit with the TikTok crowd.

Apple just named its next CEO—and Tim Cook is passing down the same advice Steve Jobs once gave him

“I would probably say the same thing,” Cook told The Wall Street Journal just weeks before the...