July 27, 2024

US sanctions target Greek tankers loaded with Venezuelan crude

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Any ship and its operating company hit by Venezuela sanctions is put on the U.S. Specially Designated Nationals (SDN) list and cannot do business in U.S. dollars. Blocked ships cannot call at U.S. ports. Furthermore, any business that is at least 50% owned by an entity on the SDN list is also blocked. By Greg Miller. Full Text -> Freight Waves

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