EU opens legal recycling route for shadow fleet tankers, sanctions maze constrains impact

New EU rules will provide a legal channel for recycling shadow fleet tankers, according to industry participants and analysts, even though their actual impact could be limited by the complex international sanctions network. In its 20th sanctions package against Russia, adopted April 23, Brussels announced an exemption for companies to deal with EU-sanctioned ships if they were to be sent toNew EU rules will provide a legal channel for recycling shadow fleet tankers, according to industry participants and analysts, even though their actual impact could be limited by the complex international sanctions network. In its 20th sanctions package against Russia, adopted April 23, Brussels announced an exemption for companies to deal with EU-sanctioned ships if they were to be sent toRead More