Are ‘rogue’ VLCCs starting to head to breaking beaches?

Market talk suggests at least two old tankers may be exiting the fleet

Ships being scrapped at Bangladesh's PHP Shipbreaking and Recycling Industries.
Ships being scrapped at Bangladesh's PHP Shipbreaking and Recycling Industries.Photo: PHP Shipbreaking and Recycling
Published 22 April 2022, 09:10Updated 22 April 2022, 09:10
VLCCsShip recyclingIndiaSanctions