One of Russia’s key export commodities, oil, continues to be exported almost exclusively by foreign vessels. The share of Russian operators and ship owners, or foreign companies associated with them is insignificant. Having analyzed oil shipments from the country’s three major oil ports in June, PortNews came to an interesting conclusion: foreigners still get the bulk of income from transport services in this segment.
2023 August 22
Owners and operators of oil tankers: who earns on oil exports?
One of Russia’s key export commodities, oil, continues to be exported almost exclusively by foreign vessels. The share of Russian operators and ship owners, or foreign companies associated with them is insignificant. Having analyzed oil shipments from the country’s three major oil ports in June, PortNews came to an interesting conclusion: foreigners still get the bulk of income from transport services in this segment.