How Greek shipowners earned billions on sanctions against Russia

Greek shipowners earned more 6 billion dollars After the beginning Russian-Ukrainian war V 2022 year, selling their vessels to customers, mainly from Russia, as well as from countries such as India, Hong Kong, Vietnam And Seychelles.

A study conducted by the Dutch research agency Follow The Money (FTM), showed that Greek shipowners sold the largest number of tankers – 127 units, followed by British companies with 22 tankers, and then German and Norwegian shipowners with 11 And 8 respectively.

In particular, the British newspaper Guardian mentions the case of two Greek property tankers, age 15 yearsthat were sold by the company located in Hanoi. After renaming, they changed the flag with Malta on Panama.

Then they collected 120 million liters oil in the Russian port Ust-Luga in the Baltic, near the border with Estonia.

In addition, the study showed that in total, owners from 21 from 35 The countries that imposed sanctions against oil trade with Russia sold tankers that make up a huge fleet controlled by Moscow.

“Many Europeans, especially Greek shipowners, had old ships, which, they believed, did not cost much. Suddenly their cost doubled, and they decided to sell them “– said one of the analysts Lloyd's List.

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