25/06/2020at 07:40

Tankers with 18 million tons Venezuelan oil are trapped at sea

Fear of sanctions mean that tanker ships carrying millions of tons of Venezuelan oil are unable to find buyers for their cargo, reports Reuters.

Photo: Federico Parra/AFP/Ritzau Scanpix

by CHRISTIAN CARLSEN

At least 16 tanker ships carrying 18.1 million tons of Venezuelan oil are trapped at sea, as potential buyers stay away due to fears of being hit by US sanctions, reports Reuters.

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Tankers with 18 million tons Venezuelan oil are trapped at sea

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Related articles:

The US sanctions another two ships for trading with Venezuela

Greek shipowners ditch Venezuela after pressure from the US

Ships sailing away from Venezuela after prospects of new sanctions

Sign up for our newsletter

Front page now

Maersk divests historic ship – was world's biggest in 1997

Port of Rotterdam expects regular bunkering of methanol by the summer

Drewry director eyes one central weakness in Maersk's strategy

Police find 4.5 tonnes of cocaine aboard freighter at Canary Islands

Car carriers have rarely seen such profits: "We are probably at an all-time high"

Maersk rebrands Hamburg Süd and several other well-known subsidiaries

Further reading

Drewry director eyes one central weakness in Maersk's strategy

Car carriers have rarely seen such profits: "We are probably at an all-time high"

End of 2M alliance could trigger a domino effect

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