While competitors suspend new Russian business, Scorpio Tankers is silent

The reactions from several major product tanker carriers were immediate when they declined new Russian oil cargoes after the invasion of Ukraine. Scorpio Tankers assesses matters ”case by case” and right now has several ships around St. Petersburg.
Photo: PR/Scorpio Tankers
Photo: PR/Scorpio Tankers

Russia’s invasion of Ukraine quickly prompted a series of major product tanker carriers to reject new Russian oil cargoes, but not all companies have unambiguously said they would shut down new business in Russia.

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