Venezuela using T&T to hide oil exports
There are reports of T&T ports being used by Venezuelas state oil company, Petróleos de Venezuela, SA (PDVSA), to avoid US sanctions.
According to a report on the website Lloyds List Maritime Intelligence, ships appear to be collecting oil cargo in Venezuela before stopping off in T&T and then setting off again, raising suspicions that cargoes are being hidden. It said PDVSA is suspected of using co-loads and false berthings to disguise cargo origins.
Since March 21, three tankers belonging to PDVSA have loaded oil cargoes in Venezuela then diverted to areas close to T&T for several hours. Vessel-tracking data showed that after spending a short time in T&T waters, the tankers left for their final long-haul destinations.
This was likely an attempt to get new bills of lading stating T&T, not Venezuela as the points of origin for the cargoes of fuel oil.
The tankers have been identified as the Mindoro, Amore Mio and Serengeti. Mindoro is owned by TMS Tankers, while Serengeti is owned by a Greece-based shipping company, Dynacom. The owner of Amore Mio could not be determined.
There is no suggestion that any of the shipments were in breach of US sanctions, Maritime Intelligence added.
According to a report on the website Lloyds List Maritime Intelligence, ships appear to be collecting oil cargo in Venezuela before stopping off in T&T and then setting off again, raising suspicions that cargoes are being hidden. It said PDVSA is suspected of using co-loads and false berthings to disguise cargo origins.
Since March 21, three tankers belonging to PDVSA have loaded oil cargoes in Venezuela then diverted to areas close to T&T for several hours. Vessel-tracking data showed that after spending a short time in T&T waters, the tankers left for their final long-haul destinations.
This was likely an attempt to get new bills of lading stating T&T, not Venezuela as the points of origin for the cargoes of fuel oil.
The tankers have been identified as the Mindoro, Amore Mio and Serengeti. Mindoro is owned by TMS Tankers, while Serengeti is owned by a Greece-based shipping company, Dynacom. The owner of Amore Mio could not be determined.
There is no suggestion that any of the shipments were in breach of US sanctions, Maritime Intelligence added.
Link Text