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2.6 percent of the tanker fleet has been to Venezuela in the past six months

The sanctions imposed on Venezuela could have far-reaching consequences if all the tanker ships that have called at one of the country's major ports in the past six months have to be pulled from the market, show numbers from Clarksons.

Photo: Carlos Garcia Rawlins/Reuters/Ritzau Scanpix
BY

The US sanctions on Venezuela could have far-reaching consequences for the global tanker market if all the tanker vessels that have called at one of the country's top ports in the past six months are pulled entirely from the market due to fears of US sanctions.

This is clear from an update by Clarksons, which compares the impact on the market to what happened some six months ago when China's Dalian Tankers was hit by US sanctions.

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