Russian Oil Price Cap Cause Tanker Bottleneck

Capt. John
credit: Venti views_unsplash

New Turkish insurance rules on oil tankers carrying Russian crude continue to slow down the movement of tankers off the coast of Turkey and between Russia’s Black Sea ports and the Mediterranean, says an article published on Cncb.

Insurance clearance

Sixteen vessels (none Russian-flagged) are waiting for insurance clearance, according to MarineTraffic, and that number is expected to grow.

Russian-flagged tankers

Based on MarineTraffic data, 35 vessels including nine...

https://mfame.guru/russian-oil-price-cap-cause-tanker-bottleneck/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon