For Greek shipping, which transports a significant share of global energy cargoes, any increase in geopolitical risk translates into higher insurance premiums, increased operating costs and greater security requirements.
Greek shipping companies earned over $3.8 billion transporting Russian oil in the past three years despite G7 nations' efforts to curb the Kremlin's oil revenues, a Financial Times report said Tuesday.
Greek shipping companies reportedly earned billions transporting Russian oil under the G7 price cap system, according to industry data analysis ... Greek shipping companies and the Russian oil trade ... Some Greek shipping firms pulled back.