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US OFAC designates the Venezuelan Maritime Authority

On 19 January, the US Office of Foreign Asset Control (OFAC) added several entities and individuals to the Specially Designated Nationals list, including the Venezuelan National Institute of Aquatic Spaces (INEA), which is the Venezuelan Maritime Authority.

Iran exports Venezuelan oil through disguised tanker

A tanker chartered by the National Iranian Oil Company (NIOC) is loading Venezuelan crude for export, as documents from state-run PDVSA show. This provides evidence of the two countries’ latest tactics to expand their trade in defying U.S. sanctions.

Iran helps Venezuela export its crude

After defying U.S. sanctions by shipping a cargo of oil condensate to Venezuela last week, Iran is now using the same ship to help Venezuela export its crude.

FSO off Venezuela taking on water

An FSO off Venezuela is taking on waterm while it is also at risk of sinking. The FSO Nabarima carries around 1.3 million barrels of crude oil on board.

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. 

maritime events