FILE PHOTO: Venezuela's President Nicolas Maduro gestures as he speaks during a news conference in Caracas, Venezuela, September 30, 2019. REUTERS/Manaure Quintero
KUALA LUMPUR: CGS-CIMB Equities Research estimates that 19 of AET’s crude tankers, being 18.4% of its capacity days in 4Q19F, may be caught in the web of US sanctions against Venezuela.
In its research note, the research house said this may prevent AET from fully benefitting from the tanker rate supercycle.
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