Russian oil to India freight rates hold firm as Mediterranean corrects
Freight rates for Russian oil shipments from Novorossiysk to India stayed high despite a sharp Mediterranean tanker market correction, with shipowners avoiding the Black Sea port over security risks, sources said.
Freight rates for Russian oil shipments from Novorossiysk to India remain high despite a sharp correction in the Mediterranean tanker market, as many shipowners continue to avoid the Russian Black Sea port because of security risks, shipping and trading sources said.