An oil tanker sanctioned by the US is being taken apart in an Indian scrapyard, marking the first ship scrapped by the shadow fleet.
The oil tanker Nolan, a Suezmax vessel built in 1998, is reported to being dismantled at a scrapyard in Alang, Gujarat, India. The vessel was sanctioned by the U.S. back in 2019 for transporting Iranian oil as part of a broader effort targeting tankers linked to Iran’s Islamic Revolutionary Guard Corps-Qods Force and the militant group Hezbollah.
According to Bloomberg, the ship which had been idling around the Persian Gulf for months and had not been on commercial voyages for nearly a year.
Furthermore, the vessel was previously flagged by Iran but switched to Sint Maarten in January and has been part of the shadow fleet consisting of older vessels that transport Russian and Iranian oil, often avoiding mainstream markets.
