Some tanker owners are still willing to lift crude in sanctions-hit Venezuela — a trade that is apparently fetching hefty premiums.
Brokers report the TMS Tankers-owned, 159,638-dwt Karekare (built 2017) was fixed by PetroChina to load 130,000 tonnes of crude at Puerto Jose in northeastern Venezuela on 22 February for shipment to Ningbo, China, for a lump-sum rate of $6.3m.