A partial easing of US sanctions on Venezuela on humanitarian grounds could pump Caribbean-loading cargoes into the Aframax and Suezmax markets, reviving the traditional local and long-haul Caribbean-loading routes. Uncertainty on the Biden administration’s approach to sanctioned oil-producing countries leaves the Americas dirty tanker market awaiting signals reversing previous administration policies. The sanctions on Venezuela, …
The post TANKERS: Biden policy shift on sanctions could revive Caribbean tanker loadings first appeared on Hellenic Shipping News Worldwide.