Ghost Ships Skirt Sanctions in Venezuelan Oil Trade

Ghost Ships Skirt Sanctions in Venezuelan Oil Trade

An increasing number of "zombie" or "phantom" oil tankers—vessels that assume the identities of scrapped ships—have emerged off Venezuela's coast, allowing dark fleet operators to circumvent U.S. trade restrictions on global oil transport.  According to a Bloomberg report, one of these zombie tankers was recently spotted off the waters of Malaysia after a two-month voyage from Venezuela, raising many red flags.  The report describes how dark fle…

Zombie Tankers Emerge In Venezuelan Oil Trade

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Zombie Ships Are Fast Becoming a Feature of Venezuelan Oil Trade

On Good Friday, an aging supertanker fully laden with oil and calling itself Varada arrived in the waters to the east of Malaysia after a two-month voyage from Venezuela.

Last Chevron-Chartered Vessel Starts to Return Oil Cargo in Venezuela, Data and Source Say

HOUSTON (Reuters) – A vessel chartered by Chevron carrying some 300,000 barrels of Venezuelan oil was set to start discharging at a Venezuelan port on Thursday, according to shipping data and a source. It would be the last tanker to return its cargo following state company PDVSA’s order to return the crude amid payment uncertainty related to U.S. sanctions. The Marshall Islands-flagged vessel, Dubai Attraction, on Thursday entered a berth in Amu…

Zombie Tankers Emerge In Venezuelan Oil Trade - Nemos News Network

An increasing number of “zombie” or “phantom” oil tankers—vessels that assume the identities of scrapped ships—have emerged off Venezuela’s coast, allowing dark fleet operators to circumvent U.S. trade restrictions on global oil transport.  According to a Bloomberg report, one of these zombie tankers was recently spotted off the waters of Malaysia after a two-month voyage from Venezuela, raising many red flags.  The report describes how dark fle…