Venezuela

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Iranian tankers sail to Venezuela

Fortune, the Iranian tanker, is sailing towards the 12-nm boundary of Venezuela’s territorial seas, bringing its controversial journey to a close. 

Tanker owner to comply with US sanctions against Rosneft

Tanker Owner, Mercantile & Maritime, reported that it will halt its shipments of Venezuelan oil for Rosneft, following the United States’ sanctions  against the Russian oil giant’s Geneva-based trading arm Rosneft Trading S.A.

US sanctions Russian Rosneft for trading with Venezuela

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Russian Rosneft Trading S.A. for operating in the oil sector of the Venezuelan economy, while also designated the chairman of the board of directors and president of Rosneft Trading S.A., Didier Casimiro, for purporting to act for or on behalf of, directly or indirectly, Rosneft Trading S.A.

Venezuela to require port payments in US-sanctioned Petro currency

The Venezuelan Maritime Authority has required port payments to be in its own digital Petro Currency, which is sanctioned by the US. In light of these developments, the Standard P&I Club recommended owners and operators to consider carefully trade to Venezuela.

US blacklists six vessels for transmitting Venezuelan oil

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC)  blacklisted additional six vessels linked to Venezuelan PdVSA, with the latter having already been sanctioned. All vessels stated above, departed Venezuela for Cuba in the fall to deliver oil for the sanctioned Cuban trading firm Cubametales.

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