Greece Extends Naval Drills to Deter Illegal Transport of Russian Oil
Greece has once again extended naval exercises that are largely curbing the transshipment of Russian oil off its coast and forcing it to be redirected elsewhere.
This was reported by Bloomberg.
According to the Greek Navy's Hydrographic Service, the exercises in the Laconian Gulf, which were due to end on Monday, will continue for another two months, the longest extension to date.
The naval measures were introduced in May and have been extended several times since.
The government has previously stated that the drills are designed to stop the risky transshipment of Russian oil from one ship to another on outdated vessels, which could pose a threat to maritime security.
According to ship tracking data compiled by Bloomberg, there have been no recorded ship-to-ship transfers of oil since the ban came into effect on 4 May.
According to Kpler data and ship tracking statistics compiled by Bloomberg, much of the transshipment has moved to waters off the coasts of Egypt, Malta and West Africa.
As for oil products, most of the movements that are still taking place near Greece are taking place in the permitted area between the exercise sites.
As you know, the UK is planning to call on several European countries to take action against the so-called shadow fleet of oil tankers that Russia is using to circumvent international sanctions.
Read more in The Gaze: The Curse of The Black Pearl: Who Transports Russia's Bloody Oil and Why