https://allaboutshipping.co.uk/2025/03/26/sing-fuels-daily-report-26-march-2025/
Venezuela
Oil Loading Slows at Venezuela’s Ports Amid US Tariffs, License Termination, Data Shows
Loading of Venezuela’s heavy crude at its main oil ports slowed this week after the U.S. imposed a tariff on trade with countries buying the South American nation’s oil and producer Chevron began reducing its tanker fleetthere, according to shipping data and a document seen on Tuesday.
Trump Says Nations Buying Venezuela Oil, Gas Face 25% Charge
President Donald Trump said he would seek a 25% tariff on any nation purchasing oil and gas from Venezuela, citing migration and criminal gang members in the US.
https://gcaptain.com/trump-says-nations-buying-venezuela-oil-gas-face-25-charge/
Venezuelan coast guard vessel enters disputed waters near ExxonMobil FPSO
A Venezuelan military ship was spotted in Guyana’s waters on Saturday morning sailing close to ExxonMobil’s producing FPSO claiming that the units were operating in “a disputed area”. In a national address, Guyana president Irfaan Ali revealed that the Venezuelan vessel, which entered Guyanese...
https://splash247.com/venezuelan-coast-guard-vessel-enters-disputed-waters-near-exxonmobil-fpso/
Trump Reverses Chevron’s Venezuela Oil License, Citing Lack of Electoral Reforms
U.S. President Donald Trump on Wednesday said he was reversing a license given to Chevron to operate in Venezuela by his predecessor Joe Biden more than two years ago, accusing President Nicolas Maduro of not making progress on electoral reforms and migrant returns.
https://gcaptain.com/trump-reverses-chevrons-venezuela-oil-license-citing-lack-of-electoral-reforms/
Iran Oil Flows Seen Curbed by Rush for Unsanctioned Tankers
Iranian oil sellers risk facing significant hurdles moving their cargoes out of the country as competition for unsanctioned tankers from Russia and Venezuela intensifies, according to analytics firm Kpler.
https://gcaptain.com/iran-oil-flows-seen-curbed-by-rush-for-unsanctioned-tankers/
Venezuela detains US-sanctioned chemical tanker
Venezuelan authorities have detained a US-sanctioned chemical tanker called Four Plus that has been falsely flying the flag of Guyana. The ship was detained as Venezuela claimed it did not have authorisation to enter Venezuelan waters. Tensions between Guyana and Venezuela have been running high...
https://splash247.com/venezuela-detains-us-sanctioned-chemical-tanker/
Audit finds more than 80% of sanctioned ships have no confirmed insurance
The number of vessels hit by sanctions has surpassed 1,000 with data from S&P Global Market Intelligence showing that more 800 of these ships do not have confirmed insurance. Moreover, the average age of sanctioned ships – 21 years – is some eight years older than the global average, adding to...
https://splash247.com/audit-finds-more-than-80-of-sanctioned-ships-have-no-confirmed-insurance/
Major Chinese port group bans tankers on OFAC’s sanctions list
Shandong Port Group has banned any tanker sanctioned by the US from calling at its ports. The group oversees major ports on China’s northeast coast including Qingdao, Rizhao and Yantai, which are among the biggest destinations for sanctioned oil from Russia, Iran and Venezuela. Reuters has...
https://splash247.com/major-chinese-port-group-bans-tankers-on-ofacs-sanctions-list/