Thu, 26 Oct 2023 21:00:58 +0000

In an unexpectedly lenient move, the US announced last week that sanctions against companies trading in Venezuelan oil will be dropped. This provides an opportunity for a reshuffling of oil movements, particularly in the Atlantic basin, and with that comes a renewed focus on VLCC employment and impacts on the ‘dark fleet’. As its sanctions …

 

Full article: https://www.hellenicshippingnews.com/sanctions-no-more-a-new-era-for-the-tanker-market/