Torm and Latvian Shipping Co (LSC) have taken the largest shares of the Venezuelan product tanker trade after the US imposed sweeping sanctions on the South American nation’s oil sector.
From 1 February to the end of last week, seven MR tankers in the LSC fleet completed shipments of petroleum products to Venezuela, according to VesselsValue.
These were the 50,695-dwt Elandra Corallo (built 2008); 52,600-dwt Ance, Jurkalne and Puze (all built 2006), Piltene (built 2007); and Ainazi and Salacgriva (both built 2008).
