Reflagging at record speed
More Russian-flagged vessels than usual switched flags to other countries in March, possibly to disguise their links to Moscow and avoid being dragged into sanctions over the invasion of Ukraine, reports Windward Ltd. A total of 18 vessels, including 11 cargo ships, switched to non-Russian flags last month. This is more than three times the monthly average. It is also the first time the figure has reached double digits, based on data going back to January 2020. The reflagging comes at a time when Russian ships - from oil tankers...
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