Chevron oil cargo tangled in U.S. sanctions on Venezuela

A Chevron Corp crude oil cargo has become embroiled in U.S. sanctions on shipping companies for violating restrictions on doing business with Venezuela, the company confirmed on Friday. Adamant Maritime Ltd, owner of very large crude-oil carrier (VLCC) Seahero was sanctioned by the U.S. Department of Treasury on Tuesday for carrying a Venezuelan cargo in February. The tanker is on short-term charter and “performing a voyage that is not related to Venezuela,” Chevron spokesman Ray Fohr said. …read more

Source:: Yahoo Finance

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