Russia’s invasion of Ukraine almost a year ago pushed tanker tonne-miles on the Baltic to South Asia route up by almost 700% in 2022, according to Poten & Partners.
The tonne-miles on this route went from 71m in 2021 to 566m last year, making it the ninth-largest global dirty trade route, up from 54th.
“This massive increase is the result of the surge in Russian crude oil exports to India after the invasion of Ukraine triggered sanctions from many of Russia’s traditional and geographically closer customers in Europe,” the US shipbroker said in its latest market report.
