ShippingWatch

Russian bunker market attracts carriers under pressure

Carriers are increasingly performing stopovers in Russian ports such as St. Petersburg, Vladivostok and Vostochny in the Far East of the Russian bunker market. The attraction is caused by the lower bunker prices.

Russian ports are becoming increasingly popular for carriers as they are performing more frequent stopovers in an attempt to reduce the massive fuel costs. ShippingWatch reported on this trend one year ago, and now this trend looks set to grow even further, according to Alphaliner.

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