Shipping data has revealed the first ship-to-ship (STS) transfer of Russian crude in the Red Sea, according to Bloomberg.

The news agency said the operation took place towards the end of April.

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Tracking data showed the 116,000-dwt Indian-controlled aframax Panta Rei 1 (built 2006) transferring its cargo onto the Gabon-flag 116,000-dwt Odysseus (built 2007), the report claimed.