The Limited Times

Now you can see non-English news...

Greek shipowners fear embargo on Russian oil

2022-12-05T19:03:47.801Z


DECRYPTION – They charter 40% of oil tankers in the world, fear losing market share but have a long arm.


During the Athenian evenings bringing together the cream of Greece, such as the Lloyd's List prize-giving ceremony for Greek shipowners last Friday, the embargo imposed by the European Union on Russian oil monopolizes the discussions.

This measure, prohibiting the sale of Russian oil transported by ship to all EU countries came into force on Monday 5 December.

And during the months of negotiations between Member States, Greek shipowners were seriously concerned about the fallout from this unprecedented embargo.

To discover

  • Prime Macron 2022: conditions, amount, date of payment... how does it work?

Since the start of the Russian invasion of Ukraine on February 24, the successors of the famous Aristotle Onassis have continued to sail from Russia to transport its oil to Europe, completely legally.

The new European sanctions put a stop to this prosperous trade.

"

On paper, one might think that the Greek shipowners, forming the first maritime power in the world, are the first beneficiaries of this embargo"

, explains Nikos Vernicos, shipowner and...

This article is for subscribers only.

You have 67% left to discover.

Cultivating your freedom is cultivating your curiosity.

Keep reading your article for €0.99 for the first month

I ENJOY IT

Already subscribed?

Login

Source: lefigaro

All news articles on 2022-12-05

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.