Russia expands ship-to-ship oil transfers amid sanctions
Russia has increased ship-to-ship oil transfers to Asia due to sanctions and winter weather. The strategy helps manage an acute shortage of ice-class tankers.
Xurve View
Xurve View
Russia has significantly increased its reliance on ship-to-ship (STS) transfers for oil product exports, according to market traders and LSEG data. This shift comes as a combination of tightening Western sanctions and severe winter weather has led to a critical shortage of tankers capable of navigating icy waters.
