On the eve of the EU introduction, Russian oil fleet operators emerge from the River More segment and oil products. Three such tankers were sold by the Railgo railway operator, and the Volga Shipping Company generally leaves the bulk segment, explaining the sale of tanker traffic by the loss of tanker, reports Haqqin.az with reference to Kommersant.
Transportation of the “River-More” really lost a cargo base from year to year. In addition, since December, the oil transshipment scheme from the vessels under the Russian flag on ships of third countries that are then unloaded in the EU ports will contradict European sanctions.
Railgo railway operator, headed by Rachman Khalilov, sold the Taganrog Tanker Fleet belonging to him. The company clarified that the transaction took place on April 26, the cost is not disclosed. The new owner explained in the company, became the Astrakhan LLC Adamant, not affiliated with the structures of Khalilov.
The Railgo management included three river-More tankers designed to transport oil and liquid chemical goods: Lady Leila, Lady Sevda and Lady Rania. The main partners of the shipping company before its sale were Lukoil, Socar and Kazmunaygaz.
Railgo is part of the three largest railway operators of the Russian Federation for the transportation of oil cargo, the company has 35 thousand tanks for the transportation of oil and oil products, as well as 738 chemical tank containers.
Railgo explained that the company plans to invest in an increase in the park of tanks and other projects related to transport. A source close to the company said that the decision on the sale was also affected by sanctions.
Railgo is not the only operator who got rid of his tanker fleet “River-More”. On September 30, the Volga Lisin Volga shipping company reported on the exit from the bulk business, which is planned to be completed before the end of the year.
Following five tankers sold in September, the company approved the sales deal for eight other oil tankers, saying that this decision corresponds to a long -term strategy to exit the oil and oil products segment.
“Oil transportation over the past few years have been unprofitable for the Volga shipping company,” the company said, intending to focus on the transportation of food goods, molasses and liquid chemistry.
The company is made on the background of the EU countries to enter the EU countries to introduce the embargo for the import of Russian oil by sea by sea since December 2022 and oil products since March 2023. The ban will, in particular, will fall under the raid transshipment, which is now carried out by the River-More vessels, unloading on the raid to a large tanker of the third country, following the European port.