Europe still importing lots of Russian crude right before launch of embargo

With less than 14 days to the EU banning seaborne imports of Russian crude oil, Europe is still receiving 15-20 percent of its seaborne crude from Russia. New market patterns are especially beneficial to suezmax and VLCCs.

Photo: Uncredited/AP/Ritzau Scanpix

Only two weeks before the European Union shuts down imports of Russian crude oil via ships, EU countries are still getting around 15 percent of their seaborne crude from Russia.

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

Tanker companies pay out massive dividends

Hafnia, Torm, Norden and Scorpio Tankers have seen big profits this year in a strong tanker market, which has been highly affected by Russia’s war in Ukraine. The carriers are now sending record-high dividends out to stakeholders.

Further reading

Related articles

Latest news

See all jobs