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Venezuela’s oil trade reopened. The risk moved to the vessel

Venezuela is not a binary, open-or-closed sanctions story. Trade responds to restrictions, but it also responds to waivers, licences and commercial incentives. For anyone shipping, financing or screening Venezuelan cargoes, the question is no longer only, “Is this vessel on a list?” It is, “What is this vessel doing, and what does the evidence say?” ...

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

Read the original at hellenicshippingnews.com →

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