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May 28, 2026
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Alang scrapyards surge as older dark fleet tankers retire

Bitcoin News Desk - The Bitcoin Street Journal cyberpunk, trending on artstation in the style of cyberpunk

Indian scrapyards, particularly at Alang on India’s west coast, are seeing an uptick in the arrival of dark fleet tankers, with at least three U.S.-sanctioned ships reaching their shores recently, following a record 15 last year. The influx of these aged vessels reflects a shift in the global oil transport sector, as sanctions on Venezuela have eased under U.S. intervention, reducing the demand for such tankers to transport sanctioned crude. These tankers, now retiring at a higher rate, are part of a broader renewal effort in maritime fleets, aligning with concerns about the environmental risks posed by these older vessels.

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