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Sovcomflot divestment continues as new ownership details emerge

Glencore and Marinakis Group among buyers of Sovcomflot fleet, according to Lloyd’s List Intelligence data, which reveals the new ownership structures taking over Russia’s rapidly diminishing tanker giant

At least 20 vessels have been divested since Sovcomflot started its mass tanker sale. The involvement of western banks has widened the range of buyers, with European companies picking up assets

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