While one group of tanker owners is courting the risk premium of the Russian export trades, others are finding it difficult to back out.
Norway’s Viken Shipping and Bergen-based Utkilen and the Hansa Tankers pool are among the Norwegian tanker owners trying to deal with the consequences of the Russian-Ukrainian war.
But Denmark’s Norden, whose Norient Product Pool includes several Viken ships, has ruled out new Russian business.