The future Russian tanker group "Sovcomflot" It ended up with a net loss of $393 million in the first quarter of the year. The company cited new Western sanctions as the main reason for the drastic decline, leading to operational problems, lower revenues and some sanctioned ships lying idle, Reuters writes.
The United States and the European Union have imposed sanctions on "Sovkomflot" and its fleet by 2024, to try to reduce Russia's oil revenues, which it could use to finance the war in Ukraine.
Πrez Janyap United States adds new ships to "Sovkomflot" to the list of sanctioned assets and revoked American licenses issued last year that allowed some ships from the company's fleet to operate despite the sanctions.
"Sovkomflot", which reported a 49% drop in revenue for the first quarter year-on-year to $278.5 million, said the sanctions от яняпи as a target attack on their days, creating additional problems and operational problems, writes Reuters.
"The imposition of Western sanctions has forced the exploitation of the fleet and led to fewer incidents and the increase of some sanctioned ships," he said in the statement of the "Covĸomflot".
"Πthroughout the reporting period of The company and its vessels were subjected to unprecedented sanctions and restrictions, which created additional commercial and operational difficulties in the operation of the fleet," said "Sovkomflot". The company considers the sanctions to be illegal.