Business

The Turkish shipowner reacts to the escalation. Russian oil will no longer flow


The Turkish company Besiktas Shipping announced that it would cease all activities related to the transportation of Russian oil. The decision was made after the damage to their tanker Mersin, which was the victim of four explosions off the coast of Senegal. Company representatives emphasized that the threat to crews and ships had become unacceptable.

Reuters quotes the shipowner's statement in which he announced his resignation from sailing to Russia.

“We have strictly adhered to all international sanctions regimes in our operations, maintaining full compliance with the G7/EU price cap mechanism and all applicable trade restrictions. Nevertheless, there has been a significant escalation of the situation in the region. After a thorough assessment, we concluded that the risk to our crews and units had become unbearable“, the company announced.

Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

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