The new restrictions and the entry of company tanks into the “black list” led to the idle of vessels, a reduction in freight rates and operational difficulties.
Russian State Shipping Company Comflot According to the results of the first half of 2025, it recorded $ 435 million pure loss against $ 324 million a year before. The Moscow Times reported it.
For six months, the company lost half of revenue from the operation of ships (dropping to $ 306 million) and 39% of income (up to $ 618 million). The EBITDA indicator fell 55% – up to $ 263 million.
Results Comflot The main reason is the main reason for strengthening the pressure of the United States and EU penalties, the analyst Freedom Finance Global Note. The new restrictions and entry of company tanks on “Black Lists” have led to the downtime of some ships, reducing shipment rates and operational difficulties.
In January 2025, the United States removed the company’s license from the company and imposed the blocking of sanctions against twelve -two ships, which led to a disability owned 29.8 billion rubles. In addition the EU has banned visits to Russian company courts in European ports.
On June 1, under the penalties of the USA, EU and Great Britain, there were 426 Russian shadow fleet tankers. Some of these courts are doing nothing, but their transportation has been partially replaced by Greek companies.
Analysts believe that reducing price restrictions on Russia’s oil from $ 60 to $ 47 per barrel can significantly hit workers in the Russian oil industry and the budget, as the bearers may refuse to work with the Russian Federation, while replacing them with a sufficient number of courts will be difficult.
Remember Comflot He recorded a loss of $ 393 million in the first quarter of 2025.
Remember that in the case of the failure of American-Russian negotiations, European countries should be prepared to support US penalties and duties against Russia or Russian oil buyers.
The US will impose a second penalty against Russia – Media
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.