With EU embargo on imports of Russian oil effective from December 5, the tanker fleet will be obviously redirected to cargo supplies to Asia. Shipbroker Braemar expects that to entail the need for more ships. According to Lloyd’s List referring to Braemar analysts, Russia will need a capacity equivalent to nearly 300 Aframaxes for its oil transportation to the APR region.
2022 October 26
Need for tankers
With EU embargo on imports of Russian oil effective from December 5, the tanker fleet will be obviously redirected to cargo supplies to Asia. Shipbroker Braemar expects that to entail the need for more ships. According to Lloyd’s List referring to Braemar analysts, Russia will need a capacity equivalent to nearly 300 Aframaxes for its oil transportation to the APR region.