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Three ageing VLCCs, an FSO and feeder ships: How Venezuela moved one fuel cargo into Asia

Three ageing VLCCs, an FSO and feeder ships: How Venezuela moved one fuel cargo into Asia

Shipping data and satellite imagery have shone light on how Venezuela avoids sanctions on its oil exports.

Kpler tracked a high-sulphur fuel oil (HSFO) cargo that involved feeder vessels, three

Shipping data and satellite imagery have shone light on how Venezuela avoids sanctions on its oil exports.

Kpler tracked a high-sulphur fuel oil (HSFO) cargo that involved feeder vessels, three elderly VLCCs, a storage ship and a sanctioned operator, as a complex chain moved the barrels into Asia.

“Efforts to circumvent sanctions on Venezuelan oil are growing increasingly elaborate, demanding advanced tracking methods to penetrate layers of obfuscation,” the oil analytics company said.

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Original Source TRADEWINDS

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