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c8r)pdjynco5f6zco[len{5u_media_dl_1.png Source: Vessel tracking data mon Article content (Bloomberg) — A second cargo of Russian crude is heading to the port of Tema, Ghana, after offloading the first was held up earlier this year because of national security considerations. The Suezmax tanker Nissos Tinos left the Arctic port of Murmansk on Wednesday with a cargo of about 1 million barrels of Russian crude and is due to arrive at the west African port later this month, according to tanker tracking data compiled by Bloomberg. The ship is owned by Kyklades Maritime Corp., based in Piraeus, Greece. Article content Article content European-owned tankers are permitted to carry Russian crude as long as it was purchased at a price below $60 a barrel under a price cap mechanism introduced by the Group of Seven nations in December. Ship owners and insurers are covered as long as they have an attestation from the buyer of the cargo that the price paid was below the cap. The pool of buyers for Russian crude has shrunk dramatically since Moscow’s troops invaded Ukraine in February 2022. Import bans were imposed by the US, UK, Canada, Australia and members of the European Union. That’s left Russia […]
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