About this work
Identifying the ultimate owners of ships reveals patterns in Russian energy exports that vessel registration and flags can obscure. In October 2022, Jonathan Fortun and coauthors reported that Greek owners accounted for 55 percent of tanker capacity shipping Russian oil since the invasion of Ukraine, compared with 35 percent in comparable earlier periods. Extending their tracking database to coal also pointed to rising Russian shipments to India and Turkey.
Abstract
Identifying the ultimate owners of ships reveals patterns in Russian energy exports that vessel registration and flags can obscure. In October 2022, Jonathan Fortun and coauthors reported that Greek owners accounted for 55 percent of tanker capacity shipping Russian oil since the invasion of Ukraine, compared with 35 percent in comparable earlier periods. Extending their tracking database to coal also pointed to rising Russian shipments to India and Turkey.
Cite this work
Robin Brooks, Jonathan Fortun, Jonathan Pingle (2022). Global Macro Views: Tracking Russian Oil and Coal. Institute of International Finance.