Russia Uses Ship-To-Ship Transfers To Boost Diesel Exports To Saudi Arabia

Russia is accelerating its exports of diesel to Saudi Arabia by both direct shipments and ship-to-ship transfers, Reuters reported on Friday, quoting trade sources and shipping data from Refinitiv. Using STS loadings, Russia is shortening the routes for tankers headed to Africa and Asia after Moscow is now banned from exporting fuels to the EU. Two cargoes of diesel loaded in the Primorsk port on the Baltic Sea in Russia have been transferred on another tanker heading to Saudi Arabia’s port of Ras Tanura, per shipping data from Refinitiv…