Oil price cap breach sees Fractal Shipping tankers leave Russia trading
Six of Fractal’s tankers have been anchored for between four to six weeks, while a further six have left Russian operations in favour of India, East Africa or Middle East Gulf trades
Geneva-based Fractal Shipping was one of the largest tanker operators exporting from Russia until crude and diesel prices breached the G7 oil price cap, leading to the redeployment of its tankers to other trades