Transportation
First Sanctioned Ship Gets Scrapped in Watershed for Dark Fleet
- The Nolan, a Suezmax, is being broken up at Alang in India
- Demolition firms are eager for business despite the risks
This article is for subscribers only.
Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.
An aging oil tanker sanctioned by the US is being taken apart in an Indian scrapyard, a potential watershed moment for the so-called dark fleet in a rapidly changing geopolitical landscape.