Seatrade Maritime News: Jittery tanker market amid tariffs and sanctions
January 19, 2025
Poten estimates that the tankers subjected to sanctions earlier this month shipped 40% of Russian crude, 1.6 barrels per day (bpd), in 2024. Noting that of the 39 tankers that OFAC had originally sanctioned, 33 have remained idle, Poten concludes that the new sanctions are likely to limit significantly the trading activity of the latest round of sanctioned ships.
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