Venezuela sanctions News

Aging Shadow Fleet, Shipping Russian Oil, Poses Disaster Risk

The oil tanker Turba normally should have been melted down by now. The 26-year-old vessel hasn’t had a full inspection since 2017, according to a database dedicated to promoting safe shipping. It also lacks industry standard insurance and sails under …

Oil Spills and Near Misses: Growing Numbers of Ghost Tankers Ship Sanctioned Fuel

An oil tanker runs aground off eastern China, leaking fuel into the water. Another is caught in a collision near Cuba. A third is seized in Spain for drifting out of control. These vessels were part of a “shadow” fleet …

U.S. Pressures Insurers, Certifiers, Shippers in Enforcing Tougher Sanctions on Venezuela

Several companies that certify vessels are seaworthy and ship insurers have withdrawn services to tankers involved in the Venezuelan oil trade as the United States targets the maritime industry to tighten sanctions on the Latin American country. U.S. sanctions have …

U.S. Targets Ship Insurers, Maritime Industry to Strengthen Venezuela Sanctions

Several companies that certify vessels are seaworthy and ship insurers have withdrawn services to tankers involved in the Venezuelan oil trade as the United States targets the maritime industry to tighten sanctions on the Latin American country. U.S. sanctions have …