Product carrier giant Scorpio Tankers has not joined the ranks of companies that are avoiding Russian export cargoes for fear of reputational damage or other repercussions.
The self-sanctioning trend has seen tanker owners, including Frontline, back away from Russian cargoes not bound by charter commitments, even though such cargoes would be legal to trade to most destinations.
That leaves tanker voyages out of the Russian Black Sea and Baltic ports largely dominated by private Greek shipowners.
