On 21 April, Lloyds List reported that the shipowner Gatik Ship Management built up a fleet worth $1.5 billion from scratch in 18 months, so that it comprised two thirds of ships flagged in the registry. In other news, Gatik Ship Management lost its protection and indemnity (P+I) insurance cover that was provided by the American Club.
https://lloydslist.maritimeintelligence.informa.com/LL1144830/St-Kitts-and-Nevis-deflags-36-tankers-owned-by-biggest-dark-fleet-shipowner
https://www.rigzone.com/news/wire/tanker_company_moving_russian_oil_loses_insurance_on_g7_cap-21-apr-2023-172589-article/
https://www.buymeacoffee.com/KoIvM842y
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Author: raytodd2017
Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section
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