Flag hopping accelerates as shadow fleet matures under sanctions pressure
- Over 70% of ships sanctioned this year have reflagged. Over 20% have reflagged twice and 7% three times or more
- Ships targeted by sanctions are moving flags faster and more frequently
- Flag-hopping tactics correlate closely with maturing system of subterfuge across the shadow fleet
Sanctioned ships are moving between ship registers faster and more frequently with some extreme cases rotating through six flag changes this year
