Brokers and sellers face conundrum as aframax S&P market spikes after US sanctions
As many as 20 aframaxes in Greece are reported to have been sold since the US imposed sweeping sanctions on Russia-trading tankers, sidelining as many as 150 ships
Buyer deceptions in prior purchases underscore the due diligence challenges and know-your-customer conundrum facing shipbrokers handling tanker sales, and the largely Greece-based shipowners selling the vessels