Greek Ships Take Longer Routes to Deliver Russian Oil

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Three Greek oil tankers are going on detours of thousands of miles to deliver crude from Russia’s Baltic Sea to customers in Asia, reports gCaptain.

The tankers are all sailing around Africa, likely en route for India, tracking data compiled by Bloomberg show. A fourth tanker may be following in their wake.

With Russia’s flagship Urals oil prices below $60 a barrel at the point of export, there’s no rule against western tankers moving Russian oil. It’s rare, however, to see the vessels not taking the usual route — through Egypt’s Suez Canal and then the Red Sea.

The reasons for unusually long voyages are not known but many shipowners, including European ones, have avoided the Red Sea because of the threat of Houthi attacks on merchant vessels.

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Source: gCaptain