Tradewinds

OpenCalais Metadata: Ticker

TWSCORP

OpenCalais Metadata: LegalName

TRADEWINDS CORPORATION BERHAD

Greek tankers have loads confiscated in Venezuela

Greek shipowners face the prospect of not being paid for loads worth millions of euros or having them confiscated when they get involved with high-yield but high-risk trading in refined oil products with Venezuela. With the US sanctions to Caracas coming into force in April, it is likely that shippers' payment demands for deliveries made will be in vain.