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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
OIL
The number of vessels that were switched to Gabon’s flag surged fivefold in January compared with the monthly average in 2023, Windward data showed, suggesting several Russian dark fleet tankers changed flag.
- Some 50 of the vessels reflagged to Gabon in the last month switched from the Liberia and Panama flags and were owned by companies based in Russia.
- That means there were more than 100 dark-fleet vessels flagged to Gabon at the end of January, up from just 20 in February 2023.
- In 4Q 2023, the top three flag-states for dark-fleet vessels were Panama, Liberia and Russia.
- “The Gabon flag registry started to gain popularity as a flag of convenience, offering stakeholders an easy and cheap haven,” Ami Daniel, CEO of Windward AI, said.
- Daniel added the flag change is a move to stay away from the focus of regulators as they have been increasing scrutiny of several nations whose ship registries have commonly associated with illicit activity.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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