Greece has become a hub for STS loading and sale of Russian oil

International sanctions tighten the noose on Russian exports, but oil from the country has found its way to markets in the Middle East and Asia by way of Greece, reports Reuters.

Photo: Arkivfoto/Colourbox

Greece has developed into a hub for ship-to-ship (STS) transfers and further exports of Russian oil as the European Union’s sanctions have made it harder to trade with Russia, reports news agency Reuters.

The amount of Russian fuel oil being transferred at sea offshore Greece reached new heights in April, writes the news agency, citing data from Refinitiv Eikon.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Business profile leaves Bunker Holding

Bunker Holding loses prominent board member, who is former partner and executive in private equity firm EQT and who furthermore leaves the board in Uni-Tankers. Two new members join the board.

Further reading

Related articles

Latest news

See all jobs