US Sells Seized Tankers for Scrap
Global Marketing Systems bought the vessels for an undisclosed sum, and they will be dismantled in India, officials and maritime intelligence said.
- On Monday, Washington sold two sanctioned oil tankers, the Era and the Lileo, to Dubai-headquartered Global Marketing Systems for demolition in India.
- Washington seized the Russian-flagged Era in January south of Iceland after a weeks-long Atlantic pursuit, while the Lileo was intercepted in the Caribbean Sea for transporting sanctioned oil from Venezuela, Iran, and Russia.
- GMS CEO Anil Sharma told Lloyd that Washington authorized the sales via court order, but "we weren't really sure who previously owned them," as sanctioned vessels frequently change names to evade detection.
- Washington seized as many as 10 oil tankers following military action in Venezuela; the two sold tankers previously operated as Marinera, Bella, Galileo, and Veronica before being flagged for sanctions.
- Demolition of the tankers will occur in Indian scrap yards, concluding the lifecycle of these vessels after they operated under various aliases to bypass international sanctions before Washington's intervention halted their activity.
31 Articles
31 Articles
US sells seized Venezuela-linked tankers for scrap amid Trump's Iran port blockade?
Two sanctioned oil tankers seized by the U.S. after military action in Venezuela were reportedly sold for scrap and sent to Indian shipbreaking yards. Reuters and Lloyd’s List reported that Dubai-based Global Marketing Systems bought the vessels, adding a new twist to Washington’s tanker seizures and wider pressure on Iran-linked oil trade.
The U.S. has sold two sanctioned oil tankers. After their seizure, the ships are now to be scrapped in India.
US Sells Two Seized Russian-Linked Oil Tankers for Scrap in India
The US government has sold two sanctioned oil tankers seized earlier this year for scrapping in India, Lloyd’s List reported, according to Reuters on August 11. Dubai-based ship recycling firm Global Marketing Systems (GMS) acquired the vessels last month in a deal whose value was not disclosed. We bring you stories from the ground. Your support keeps our team in the field. DONATE NOW The tankers, the Era—formerly Marinera and Bella 1—and the L…
US sells two sanctioned Russian oil tankers to UAE company for scrap - ReutersUS authorities have sold two sanctioned Russian tankers seized in January off Venezuela to Dubai-based Global Marketing Systems. The Era and Lileo will be scrapped at scrapyards in India.
US Sells 2 Sanctioned Oil Tankers Seized In Venezuelan Operation For Scrap In India
Image for representation purposes only The U.S. government has sold two sanctioned oil tankers seized after its military action in Venezuela for scrap, with both vessels set to be broken up at shipyards in India, Lloyd’s List reported on Monday. Dubai-based ship recycling company Global Marketing Systems (GMS) bought the two tankers in July for an undisclosed amount, the report said. The vessels are the Era, which previously sailed as Marinera a…
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