The Adnoc L&S raid on the secondhand VLCC market

In this week’s episode:Adnoc Logistics & Services has been buying VLCCs as it seeks to control its supply chain out of the Middle East Gulf.Read more: Adnoc L&S linked to six-strong VLCC raid as UAE battles to keep oil flowingRead more: Adnoc L&S splashing out over $500m on gas carriers to safeguard LPG contractsLuke Wickenden from Finland’s Centre for Research on Energy and Clean Air joins the podcast to discuss the impact of Europe’s focus on detaining sanctioned vessels and whether it is reducing the number of flag-hopping vessels, or if they are joining the Russian flag.Read more:  Has Europe’s ‘whack-a-mole’ approach to detaining sanctioned tonnage worked?Read more: Europe’s $150m shadow fleet headache: Seized ships, stalled cases and no clear endgameRead more:  EU sanctions create ‘new power’ to sell oil cargoes from detained shadow tankersHost and production: Craig EasonAdditional reporting: Yannick Guerry, Matt CoyneA TradeWinds/DN Media podcast Hosted on Acast. See acast.com/privacy for more information.