{"id":201840,"date":"2024-02-28T14:43:32","date_gmt":"2024-02-28T06:43:32","guid":{"rendered":"https:\/\/splash247.com\/?p=201840"},"modified":"2024-02-28T14:56:46","modified_gmt":"2024-02-28T06:56:46","slug":"indian-classed-fleet-more-than-doubles-since-putins-full-scale-invasion-of-ukraine","status":"publish","type":"post","link":"https:\/\/splash247.com\/indian-classed-fleet-more-than-doubles-since-putins-full-scale-invasion-of-ukraine\/","title":{"rendered":"Indian-classed fleet more than doubles since Putin\u2019s full-scale invasion of Ukraine"},"content":{"rendered":"\n

In the two years since Russia\u2019s full-scale invasion of Ukraine, the number of ships classified as shadow or dark has leapt, and Western service providers have pulled back from working with a significant tranche of the merchant fleet for fear of being hit by sanctions.<\/p>\n\n\n\n

However, the total amount of ships classified by members of the International Association of Classification Societies (IACS) has only slipped two percentage points in the intervening period to 50% of the total fleet. The reason? Put simply, the Indian Register of Shipping (IRClass). <\/p>\n\n\n\n

The Arun Sharma-led IACS member has seen its fleet more than double in the two years of war. Data from Clarksons Research shows that in January 2022, a month prior to the invasion, the IRClass fleet stood at 11.4m gt, a figure that has since grown by 117.5% to stand at 24.8m gt today. <\/p>\n\n\n\n

Hitherto unheard-of classification societies and flag states have leapt to prominence in the past couple of years, greasing Moscow\u2019s export channels.<\/p>\n\n\n\n

Gabon, a small Central African nation on the Atlantic coast, for instance, was last year\u2019s fastest-growing shipping registry<\/a><\/span>, a growth trajectory that has been massively boosted in the opening weeks of 2024 with the reflagging of a swathe of the Sovcomflot fleet.<\/p>\n\n\n\n

Data from Clarksons Research shows that in the two years since the full-scale invasion of Ukraine by Russia, the Gabon flag has grown by an unprecedented 675%, to 6.2m gt, becoming the second largest registry in Africa, after Liberia. <\/p>\n","protected":false},"excerpt":{"rendered":"

In the two years since Russia\u2019s full-scale invasion of Ukraine, the number of ships classified as shadow or dark has leapt, and Western service providers have pulled back from working with a significant tranche of the merchant fleet for fear of being hit by sanctions. 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