Sanctioned LPG tanker exits Iran shadow fleet via Alang scrapping yard
- First shadow fleet VLGC scrapped in years: Sanctioned LPG carrier Double In has been recycled in Alang, the first known Iran-trading VLGC to leave the market through scrapping in more than three years
- Iran LPG trade under pressure: The demolition comes as Iranian LPG exports have fallen sharply, with August loadings less than half their pre-war February levels
- More sanctioned ships heading for scrapyards: Industry sources say owners of ageing shadow fleet vessels are increasingly exploring recycling options, with 28 sanctioned ships already scrapped in India this year
A US-sanctioned VLGC that spent more than three years hauling Iranian LPG has been scrapped in India, marking a rare exit from the shadow fleet and signalling growing pressure on ageing sanctioned tonnage as Iran’s LPG exports decline
