{"id":11732,"date":"2020-06-16T14:39:32","date_gmt":"2020-06-16T11:39:32","guid":{"rendered":"https:\/\/www.al-sindbad.net\/greek-ship-managers-shun-venezuela-trade-as-u-s-sanctions-bite\/11732\/"},"modified":"2020-06-16T14:39:32","modified_gmt":"2020-06-16T11:39:32","slug":"greek-ship-managers-shun-venezuela-trade-as-u-s-sanctions-bite","status":"publish","type":"post","link":"https:\/\/www.al-sindbad.net\/greek-ship-managers-shun-venezuela-trade-as-u-s-sanctions-bite\/11732\/","title":{"rendered":"Greek Ship Managers Shun Venezuela Trade as U.S. Sanctions Bite"},"content":{"rendered":"<p><\/p>\n<p>By Jonathan Saul LONDON, June 15 (Reuters) \u2013 Three Greece-based shipping firms said they have halted trade with Venezuela after the United States imposed sanctions on vessels under their management, as Washington ramps up commercial heat on Caracas.<\/p>\n<p><\/p>\n<p>The U.S. government is seeking to choke Venezuelan oil exports to starve the government of socialist President Nicolas Maduro of its main source of revenue. Existing sanctions have cut Venezuelan exports sharply, but Maduro has held on.<\/p>\n<p><\/p>\n<p>Washington may tighten sanctions by adding dozens more tankers to an existing blacklist, sources told Reuters.<\/p>\n<p><\/p>\n<p>The U.S. Treasury said on June 2 it had imposed sanctions on four shipping companies for transporting Venezuelan oil.<\/p>\n<p><\/p>\n<p>Athens-based Dynacom Tankers Management, which manages the Chios I tanker, among the ships blacklisted, said in a statement on Monday it was \u201ccommitted to refraining from any future business involving Venezuela\u201d.<\/p>\n<p><\/p>\n<p>It added that the tanker\u2019s owner Seacomber Ltd, which Washington also designated, was co-operating with U.S. authorities to resolve the matter.<\/p>\n<p><\/p>\n<p>NGM Energy SA, which manages another vessel blacklisted, the Voyager I tanker, said separately on Friday that it had implemented \u201ca strict policy against servicing vessels intending to call at Venezuela or to load cargo of Venezuelan origin in the future, absent express U.S. authorization\u201d.<\/p>\n<p><\/p>\n<p>It said as a result, another tanker under its commercial management, the Commodore, had been \u201cimmediately diverted away from Venezuela, and will not return to that trade\u201d.<\/p>\n<p><\/p>\n<p>NGM added that it was fully cooperating with U.S. authorities to reach \u201ca timely resolution\u201d of the sanctions against the Voyager I and its owner Sanibel Shiptrade Ltd.<\/p>\n<p><\/p>\n<p>Another leading Greek ship firm, Thenamaris, said it was fully cooperating with U.S. authorities to resolve sanctions against the Seahero tanker that it manages and the vessel\u2019s owner Adamant Maritime Ltd.<\/p>\n<p><\/p>\n<p>Thenamaris said it had \u201cadopted a firm policy prohibiting any carriage of crude oil from Venezuela for its vessels under management for as long as U.S. sanctions against Venezuela remain in place\u201d. (Editing by Jan Harvey)<\/p>\n<p><\/p>\n<p><em>(c) Copyright Thomson Reuters 2019.<\/em><\/p>\n<p>gCaptain<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Jonathan Saul LONDON, June 15 (Reuters) \u2013 Three Greece-based shipping firms said they have halted trade with Venezuela after the United States imposed sanctions on vessels under their management, as Washington ramps up commercial heat on Caracas. The U.S. government is seeking to choke Venezuelan oil exports to starve the government of socialist President &hellip;<\/p>\n","protected":false},"author":1,"featured_media":11733,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56],"tags":[7720,378,6231,1082,1070,7719,2221,112],"class_list":["post-11732","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-marine-world","tag-bite","tag-greek","tag-managers","tag-sanctions","tag-ship","tag-shun","tag-trade","tag-venezuela"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/11732","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=11732"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/11732\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/11733"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=11732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=11732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=11732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}