RUSSIAN SANCTIONS COST CYPRUS 20% OF OIL TANKER FLEET

On 6 December, the Cyprus Mail reported that approximately 20% of the oil tanker fleet registered in Cyprus have migrated to other registries since 6 October, when the European Commission signalled its intention to cap the price of Russian seaborne oil.

https://cyprus-mail.com/2022/12/06/russian-sanctions-cost-cyprus-20-of-oil-tanker-fleet/

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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