5min chapter

World Business Report cover image

Was the Ursa Major part of Russia's so-called dark fleet?

World Business Report

CHAPTER

The Dark Fleet: Ghost Ships and Sanctions Evasion

This chapter explores the phenomenon of ghost ships, known as the Dark Fleet, which are used to bypass international sanctions, focusing on vessels like the Ursa Major involved in transporting goods for countries like Russia and Iran. It examines the implications of these deceptive shipping practices amid the Ukraine conflict, along with the challenges of enforcing sanctions and the geopolitical risks affecting global supply chains.

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