Business Standard

How new tanker giants are sprouting from nowhere to keep Russian oil moving

Almost 1,200 miles away in Dubai, a small office in a run down industrial estate, offers no clues that it, too, is a small cog in Russia's vast new petroleum supply chain

crude oil
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At a downtown office block in Mumbai, packing tape peels off a black door whose handle appears to have been ripped out. A pile of post is strewn on the floor outside. A guy from a neighboring office says the staff moved out a few weeks ago, destination unknown.

Almost 1,200 miles away in Dubai, a small office in a run down industrial estate, offers no clues that it, too, is a small cog in Russia’s vast new petroleum supply chain.  

The two locations are listed on an international maritime database as belonging to firms running $2 billion in tanker

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First Published: Mar 18 2023 | 2:46 PM IST

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