The Illicit Shipping Trade Hiding in Plain Sight

Updated: February 24, 2025

Bloomberg Originals


Summary

The video provides an in-depth look at the Dark Fleet vessels operating in a busy shipping corridor, engaging in sanctioned oil trading and known for ship-to-ship transfers. It discusses a major incident involving a Dark Fleet tanker named Pablo in China, shedding light on the risks involved in their operations. The video explores the challenges posed by sanctions on Iran's oil trade, enforcement issues, security challenges, and the significance of international cooperation in addressing illicit activities in the region.


Dark Fleet Vessels in the Shipping Corridor

An overview of the Dark Fleet vessels in one of the busiest shipping corridors, trading in sanctioned oil and operating as part of a network called the Dark Fleet.

The Pablo Incident

A major accident involving a Dark Fleet tanker named Pablo in China in 2023, highlighting the risks and challenges associated with operating in the Dark Fleet.

Iranian Oil Trade and Ship-to-Ship Transfers

Discussion on Iranian oil trade, ship-to-ship transfers, and the challenges posed by sanctions on Iran's oil supply.

Observing Ship-to-Ship Transfers

Observations and discussions on ship-to-ship transfers among vessels in the region, focusing on the activities of the Dark Fleet.

Enforcement of Sanctions and Security Challenges

Exploration of the enforcement of sanctions, security challenges in preventing illicit activities, and the importance of cooperation among nations.


FAQ

Q: What is the Dark Fleet?

A: The Dark Fleet refers to a network of vessels involved in trading sanctioned oil in one of the busiest shipping corridors, operating under risky conditions.

Q: Can you provide an example of a significant incident involving a Dark Fleet tanker?

A: In 2023, a major accident occurred in China involving a Dark Fleet tanker named Pablo, highlighting the risks and challenges associated with operating within the Dark Fleet.

Q: What are ship-to-ship transfers, and how are they relevant to the Dark Fleet activities?

A: Ship-to-ship transfers are when cargo is directly exchanged between two vessels at sea, often utilized by the Dark Fleet for trading in sanctioned oil and other illicit activities.

Q: What challenges are posed by sanctions on Iran's oil supply in relation to the Dark Fleet?

A: Sanctions on Iran's oil supply create difficulties for the Dark Fleet in conducting their trading activities and require them to navigate through security and legal obstacles.

Q: Why is cooperation among nations important in addressing the issues related to the Dark Fleet?

A: Cooperation among nations is essential to enforcing sanctions, enhancing security, and preventing illicit activities conducted by the Dark Fleet and similar networks in the region.

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