David Tannenbaum’s Post

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Director at Blackstone Compliance Services

It's Fleet Week in New York, and while we are celebrating the worlds best Navy (sorry Marc Armas, I like my ships with VLS cells), it's worth taking a moment to look at the world's worst fleet. That's right LinkedIn, you didn't think I was going to go too long without talking about the Dark Fleet. At the most recent ITFA Americas (AMRC) someone asked what percentage of tankers does the Dark Fleet cover, and I didn't have the numbers on hand. Well, I've run them and its a surprisingly large amount. Overall, the Dark Fleet accounts for 10.3% of all tonnage for tankers over 10,000 tons. This is in an apples to apples comparison of our Dark Fleet tankers over 10k as well. The slide has some more granular stats: Remember, this doesn't account for already sanctioned vessels such as those operated by Sovcomflot or NITC. And we individually vet each vessel that goes on our list - so they are there for a reason (i.e., we aren't simply scooping up every tanker that visits a Russian port). These are massive numbers, and it shows how the tanker market has truly split between those willing to deal with sanctioned actors and those that won't. Pole Star Global Charles Ike Steve B. Anton Posner James Martin, CSS Richard Aguilar #sanctions #maritime #threatintel #shipping

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Michael Byrne

Chief Executive Officer | Leadership | Fundraising | Stakeholder Engagement | Published

10mo

Wow, that is insane!

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