Dark Fleet Caper Exposes Growing Risks in Crowded Malacca Strait

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Insurance Journal - Jul 22, 2024

A collision that set two vessels ablaze off Singapore has underlined the growing risks in the crowded Straits of Malacca, as the dark fleet expands and lackluster Chinese demand leaves dozens of the tankers idling. The Ceres I, a 23-year-old …...

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