The Aegean Sea has emerged as a new site for ship-to-ship (STS) transfers of Russian diesel and gasoil cargoes, as the country’s oil product exports rose in July despite sanctions.
Gasoil and diesel cargoes were loaded on at least seven vessels in Russia’s Black Sea ports of Taman and Tuapse in July and August for transshipment to other vessels in the northern Aegean, according to Reuters, which cited data from LSEG and other market sources.