Kathimerini English

Shippers-Venezuela.

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Venezuela’s oil exports fell nearly 28% in the first half of June, as tanker owners and operators suspend contracts for transporti­ng crude oil, according to documents and data on Tuesday. Several shippers have turned tankers away from Venezuela’s waters in the face of increasing­ly aggressive US efforts to isolate and oust socialist President Nicolas Maduro by throttling the oil revenue that funds his government. Those tankers include the Liberia-flagged Respect, whose commercial manager is Piraeus-based NGM Energy SA. It loaded 2 million barrels of Venezuelan heavy crude, the data showed. Two vessels managed by fellow Greecebase­d firm Delta Tankers Ltd, the Delta Med and the Delta Captain, also departed for Europe this month, while another three operated by the same company are loading or headed to Venezuela.

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