PETALING JAYA: MISC Bhd has clarified that its petroleum shipping arm AET Tanker Holdings Sdn Bhd is not affected by the United States sanctions against Venezuela.
It said that AET operates in full compliance with the US guidelines on Venezuela.
MISC was referring to the article “MISC’s tanker unit may be affected by US sanctions” published by StarBiz yesterday, quoting an analyst report by CGS-CIMB Equities Research.
“AET’s vessels have not been imposed with any of the reported trading restriction and none of our vessels have made any calls into Venezuela since Jan 28,2019.
“MISC and our group of companies will continue to conduct our business in full compliance with all applicable statutes, regulations and legitimate governmental mandate, ” it said.
Did you find this article insightful?