One year later: How Ukraine-Russia war reshaped ocean shipping
One year later: How Ukraine-Russia war reshaped ocean shipping Sizing up the war’s effect on container, crude, diesel, LNG and dry bulk shipping Greg Miller 4 days ago Sanctions abound on Russian trade, but cargo keeps moving. (Photo: Shutterstock/Oleg Elkov) “It’s like when you were a little kid and played a game where you laid siege to a castle and you surrounded it, trying to starve the people out. But in this siege — Russian sanctions — half the castle has been left unsurrounded. They can just open the doors and get resupplied with food and trade every day,” said Robert Bugbee, president of Scorpio Tankers (NYSE: STNG). One year ago, Russia invaded... View more
