Report: Indian Class Withdrawn on Sanctioned Russian Tankers
Russian shipping interests continue to shuffle around the registry details of their large crude tankers in an apparent effort to address the Western sanctions on vessels. Reuters conducted an analysis and found that 12 of the 14 tankers listed by the United States in February 2024 have been moved to the Russian Maritime Register of Shipping, some having changed class societies or flags twice in a matter of months. The U.S. and its allies in the G7 reported at the end of February they were moving against both Russian shipping company Sovcomflot and tankers that had regularly transported oil in violation of the price cap imposed by the West as a punishment for the invasion of Ukraine. The U.S. blocked 14 tankers controlled by Sovcomflot on February 28. Before that, they had listed 20 tankers being run through third-party management companies in locations such as Dubai and elsewhere. The review of the databases conducted by Reuters shows the Indian Register of Shipping which had stepped in to class the ships now shows 12 of the tankers with the notations class withdrawn. The vessels are appearing in the Russian…