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Sanctions Risk and Compliance Political Risk and Trade

Shadow tanker plausibly reverts to compliant trade after Venezuela loading

  • Non-sanctioned former spoofing tanker returns to Venezuela to pick up cargo in ‘open’ way
  • Unclear if tanker is operating under licence or is defying maritime ban
  • Second non-sanctioned shadow fleet tanker has positioned itself nearby

  • News

If the ship has lifted oil under the US licence legitimately, then it shows shadow fleet vessels can come in from the cold; if it has gone rogue, then the consequences could be severe

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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