US blacklists two more vessels and owners over Venezuela trades

The US Department of the Treasury has blacklisted crude oil tanker Ocean Elegance and the chemical/oil products tanker Leon Dias and their respective owners, Marshall Islands-based Monsoon Navigation Corporation and Liberia’s Serenity Maritime Limited, for transporting oil from Venezuela to Cuba.

Both vessels delivered crude oil from Venezuela to Cuba from late 2018 through to March 2019, according to the Department of the Treasury’s Office of Foreign Assets Control (OFAC).

The latest additions to the list came a month after OFAC blacklisted an additional four shipping companies and nine vessels that operate in the oil sector of the Venezuelan economy.

OFAC sanctioned almost the entire fleet of Italy-based PB Tankers, and the crude oil tanker Nedas, owned by Liberia-based Jennifer Navigation. Other units include Lima Shipping Corporation’s crude oil tanker New Hellas and the oil products tanker S-Trotter, owned by Large Range Limited.

Earlier in April 2019, OFAC blacklisted the Liberia-based Ballito Bay Shipping and Greek ProPer In Management, and their 71,600 dwt crude oil tanker Despina Andrianna.

OFAC also named 34 vessels as blocked property of Petroleos de Venezuela (PdVSA), which was blacklisted on January 28th 2019 for operating in the oil sector of the Venezuelan economy.