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Maritime Law

Government decides to put military navy officers at command of merchant vessels

May 29, 2019June 9, 2019temisLeave a comment

Without explaining the exact reasons for this decision, General Herbert Garcia: minister of transport, announced that navy military officers will be placed at command of the following ships: TB YAVIRE, TB YARE, MT PARAMACONI, MT NEGRA HIPOLITA, MT LUISA CACERES DE ARISMENDI,
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Maritime Law

New sanctions against ships and owners chartered by PDVSA

May 29, 2019June 9, 2019temisLeave a comment

Following the US department of treasury efforts to put pressure on the Venezuelan government, new vessels and Shipowners have been sanctioned after their calls at Venezuela. Under EO 13806 the OFAC has placed the following list of ships and owners under sanctions:
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Maritime Law

Update on the OFAC SDN list and sanctions against new ships registered in Italy, Greece and Malta as well as their owners

May 29, 2019June 9, 2019temisLeave a comment

Following the US efforts to cut down all commercial activities involving the Venezuelan an Cuban countries, the OFAC uptated it´s SDN list to sanction new ships registered in Italy, Greece and Malta as well as their owners which were delivering shipments of
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Maritime Law

Update on the OFAC SDN list and sanctions against Venezuelan and Greek ships

May 29, 2019June 9, 2019temisLeave a comment

Following the US efforts to cut down all commercial activities involving the Venezuelan an Cuban countries, the OFAC uptated it´s SDN list to sanction Greek tankers and owners which were delivering shipments of oil to Cuba. In addition, most of PDVSA´s fleet
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News

Government declares a 30 days energy rationing

May 29, 2019June 9, 2019temisLeave a comment

Upon the major blackouts that has affected the entire country starting on March 7th, the government has declared a 30 days period of energy rationing aiming to restore the electrical system back to normality. Following the massive blackout that affected the entire
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Oil & gas

Venezuelan congress prohibits the export of oil to Cuba.

May 29, 2019June 9, 2019temisLeave a comment

Although the Venezuelan opposition and interim president Juan Guaidó does not have control of PDVSA, the congress lead by him decreed a general prohibition of all oil exports to Cuba on Tuesday 12th. Following the massive blackout that affected the entire Venezuelan
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Maritime Law

PDVSA declares emergency as BSM (Bernhard Schulte Shipmanagement) revealed plans to return 10 tankers due lack of payment by PDVSA.

May 29, 2019June 9, 2019temisLeave a comment

In light of the reiterated PDVSA´s nonpayment of their obligations and the subsequent declaration by BSM (Bernhard Schulte Shipmanagement) informing about the return of 10 out of 15 ships under contract with the German operator, PDVSA internally declares an emergency. Days ago,
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