Malta Replaces Greece As Europe’s Hotspot For Ship-To-Ship Transfers Of Russian Oil

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Malta has emerged as the top European destination for ship-to-ship (STS) transfers of Russian oil in the wake of the Greek navy’s decision to deter such activities in the Laconian Gulf, reports Splash247.

Military exercises 

Since May 1, citing military exercises, the Greek navy has put out of bounds an area in international waters southeast of the Peloponnese islands.

The Malta lightering area accounted for the majority, with 44% of transfers, followed by Augusta in Sicily with 11 transfers (9%), and Lome in Togo with nine transfers (7%).

Kpler data shows that from May 1 to August 1, there were 122 STS transfers recorded in various regions.

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Source: Splash247