Tankers: Russian Crude Oil Exports via the Northern Sea Route Are Expected to Increase in the Future

Russia’s crude oil export routes are in a state of constant flux, as the exporter is shifting volumes to other clients/countries, China being one of the main ones. As such, the importance of alternative and more cost-effective routes is increasing. In its latest weekly report, shipbroker Gibson said that “voyages through the Northern Sea Route … Continue reading Tankers: Russian Crude Oil Exports via the Northern Sea Route Are Expected to Increase in the Future