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Venezuela seeks IMO help to get tankers trading again

Venezuela’s vice president, Delcy Rodriguez, has been in London, urging the new head of the International Maritime Organization (IMO) to help out and get the South American nation’s tanker fleet back up and running. 

US sanctions on Venezuelan shipping vessels are harming the country’s maritime transport, Rodriguez told Arsenio Dominguez, who has been in the IMO hot seat since January 1, during a meeting yesterday. 

The sanctions have led to 39 tankers operated by the state oil company, Petroleos de Venezuela (PDVSA), being mothballed, some of which have fallen into disrepair.

“I expressed our concern that the entire fleet of ships and vessels that PDVSA has are being illegally sanctioned, they are blockaded,” Rodriguez told Caracas-based news network Telesur.

In addition to the PDVSA fleet, “30 international trade vessels … have been sanctioned” for doing business with Venezuela, she said.

“We are the country with the fourth-largest number of blockaded ships worldwide, truly an embarrassing situation,” said the vice president.

In October last year, Washington slightly eased its six-year-old sanctions against Venezuela. The US issued a six-month licence authorising transactions in Venezuela’s oil sector after Venezuelan administration and opposition leaders reached an agreement to ensure fair 2024 elections.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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