Greek Shipowners and Russian Oil: Shipping Continues Despite the War
Despite sanctions and international pressure, oil transportation linked to Russia continues quietly in Greek waters.
Despite sanctions and international pressure, oil transportation linked to Russia continues quietly in Greek waters.
As the IMO prepares a global carbon pricing scheme, Greece’s shipping elite urges Brussels to scrap regional emissions measures, warning of competitive distortion.
This translates to 113 vessels out of a global total of 666, solidifying Greece's position as a leader in the sector. Further demonstrating their market strength, Greek owners acquired 10% of all second-hand tankers sold worldwide in 2024.