- In the wake of the recent sanctions imposed by the U.S. Government on Greek-owned ships, the UGS remains committed to implementing U.S. sanctions measures.
- The two sides reiterated the long-standing, close relationship between Greece and the United States of America in the maritime sector.
- The U.S. Ambassador stressed that the United States is determined to strictly implement the U.S. Government’s measures with regards to Venezuela.
Greek shipping confirms its commitment to implementing the U.S. order to ban trade and economic transactions with Venezuela and other countries, reads a press release from the Union of Greek Shipowners.
The US, Greece and about 60 other countries in the world recognise President Nicolas Maduro’s political rival Juan Guaido as Venezuela’s legitimate president.
Implementing US trade ban orders
In the wake of a decision by the US Treasury earlier this month to impose sanctions on four tankers managed by leading Greek owners, UGS president, Theodore Veniamis, has confirmed Greek shipping’s commitment to implementing the US order to ban trade and economic transactions with Venezuela and other countries.
In a UGS statement following a meeting at the US embassy in Athens between US Ambassador to Greece, Geoffrey R Pyatt, and Veniamis, the UGS said its president “unequivocally stated the UGS, in the context of its institutional role, constantly informs its members about the imposition of restrictive measures / sanctions both from the US as well as from the United Nations against specific countries and invites its members to demonstrate due diligence in implementing all relevant guidelines.”
A strategic partner for US imports and exports
The UGS said the two sides reiterated the long-standing, close relationship between Greece and the United States of America in the maritime sector, where Greek shipping constitutes a strategic partner for the transport of US imports and exports and offers reliable and high-level shipping services. They also reconfirmed their mutual desire for the maintenance and the enhancement of this relationship.
It said Mr. Geoffrey R. Pyatt stressed the United States is determined to strictly implement the US government’s measures with regards to Venezuela and expressed his confidence the cases involving ships of Greek interests will have a positive outcome, especially after the recent statements of the affected companies that they will cease any commercial activity with Venezuela.
Three of the four Greek companies that saw the US impose Venezuela-related sanctions on their ships have already said they will not touch the trade without express authorisation by the US, or unless there is regime change in the Latin American country.
US trade sanctions
The Moundreas-family controlled NGM Energy, whose 300,000 dwt Voyager I, built 2003, was one of a quartet sanctioned, has been reported in the media as saying, “In the light of the escalation of US trade sanctions against entities engaged in trade with Venezuela’s energy sector, NGM has implemented a strict policy against servicing vessels intending to call at Venezuela or to load cargo of Venezuelan origin in the future.” It has already diverted one VLCC.
George Procopiou’s Dynacom Tankers Management and Dinos Martinos’ Thenamaris Ships Management have made similar statements.
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Source: Union of Greek Shipowners
