Italy’s PB Tankers has stated it is “shocked and concerned” by the action taken by the US Office of Foreign Assets Control in adding the company and a number of the company’s vessels to the current sanctions list in relation to trade with Venezuela. The company said in a release yesterday it will be taking immediate steps to ensure that it is delisted as a matter of urgency.
PB Tankers said its blacklisting likely stemmed from a single time charter contract which predates the current sanctions regime.
“PB Tankers does not have any ships in Venezuela, nor will be trading into or out of Venezuela,” the company stated.
