Greek shipowners in rapid exit from Russia oil trades as sanctions enforcement intensifies
Just 18% of crude and 28% of middle distillate cargoes loaded from Russian ports over January was on Greece-owned tankers, combined data from Vortexa and Lloyd’s List Intelligence shows
Fears that further sanctions imposed on oil traders could leave shipowners stuck for protracted periods with unsold cargoes underscored the decision by many of the largest privately held Greek companies to exit lucrative market