New Tankers Join Russian Oil Trade in Rare Move as Rates Jump

liga.net

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The sudden increase in freight has led some shipowners to hire new ships to transport Russian oil.

babel.ua

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Greek shipowners use new tankers for first time to transport Russian oil due to sanctions and shortage of vessels

rbc.ua

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Some shipowners have begun using modern tankers to transport Russian oil, which was previously mainly transported by older ships. This was reported by RBC-Ukraine with reference to Bloomberg. “The increase in freight rates has prompted some shipowners to use new tankers to transport Russian oil, which is usually done by old ships that are close to the end of their useful life, and sometimes exceed it,” the newspaper writes. Rates rose sharply in…

unn.ua

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Money trumps fear: New Greek tankers join Russian oil exports Greek shipowners are bringing in new tankers to transport Russian oil due to record freight costs. This comes against the backdrop of US and EU sanctions that have caused a shortage of vessels.