July 14, 2025
Greek Shipowners Fill Russia’s Tonnage Void to Blunt Sanctions Impact
European-owned vessels are now exporting nearly 40% of all Russian oil. This not only blunts the impact of sanctions on Russia but introduces new trade patterns that require greater risk management for marine service providers, including insurers and charterers. Windward analysis of June tanker activity shows that 37% of Russian-origin crude and refined products were...
