Bloomberg April 5, 2025
By Julian Lee
Apr 4, 2025 (Bloomberg) –Three Greek oil tankers are going on detours of thousands of miles to deliver
crude from Russia’s Baltic Sea to customers in Asia.
The tankers Agios Gerasimos, King Philippos and Nissos
Antimilos are all sailing around Africa, likely en route for India, tracking
data compiled by Bloomberg show. A fourth, the Amades may be following in their
wake.
With Russia’s flagship Urals oil prices below $60 a
barrel at the point of export, there’s no rule against western tankers moving
Russian oil. It’s rare, however, to see the vessels not taking the usual route — through Egypt’s Suez Canal and then the Red
Sea.
The reasons for unusually long voyages are not known
but many shipowners, including European ones, have avoided the Red Sea because of the threat of Houthi attacks on merchant vessels.
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