Tanker Operators Are Raking It In Sending Russian Oil To China ...Middle East

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Tanker Operators Are Raking It In Sending Russian Oil To China
source : OILPRICE ( Middle East ) () 23
Tanker operators willing to ship Russian crude are making a substantial amount of money sending Russian crude to China from Russia’s Far East. According to data compiled by Bloomberg, by shipping Russian ESPO crude from Kozmino to the Chinese coast, a ship owner can make $1.6 million—three times what they would have made before the war in Ukraine. The report cited shipowners who said that industry players from Greece, China, and Turkey are eagerly taking advantage of the situation. Normally, they use Aframax tankers, which can carry…

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