Signs growth of the 1,000-strong ‘opaque’ fleet is slowing

For grey, shadow or dark, read opaque. Shipping is having to come up with new terms to define an increasing chunk of the tanker fleet, which has chosen to trade on the sidelines of international norms, creating huge concern about potential safety lapses.

Data analytics firm Vortexa now assesses that exactly 1,000 unique tankers have operated in the so-called opaque market since January 2021, of which 745 of them were still active in the first quarter this year.

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