HomeTopicsLatin AmericaPanama Targets Tankers in U.S. Sanctions Crackdown on Venezuelan Oil

Panama Targets Tankers in U.S. Sanctions Crackdown on Venezuelan Oil

Panama’s government plans to discipline several oil tankers flying its flag after U.S. authorities targeted them for breaking rules. Foreign Minister Javier Martínez-Acha made the statement on Friday. He said these ships ignored Panama’s maritime laws. The move comes after the U.S. seized the supertanker Centuries in the Caribbean. Officials suspect the vessel carried Venezuelan crude against global sanctions.

Panamanian probes found that the Centuries and similar ships used shadow fleet tactics to avoid scrutiny. Issues included turning off satellite trackers, repeated hull name swaps, mismatched records, and odd routes after leaving Venezuelan ports, with gaps in tracking. “Panama aims to keep its registry—one of the world’s biggest—clean,” Martínez-Acha said. He stressed that the nation refuses ties to hidden energy trades.

Due to these breaches, the Panama Maritime Authority looks at revoking registrations for the problem ships. This de-flagging stands as Panama’s toughest penalty, leaving a vessel unable to sail legally and shunned by ports worldwide. The Centuries case fits into a wider U.S. push against secret oil hauls. The U.S. Coast Guard has ramped up Caribbean patrols to break up networks moving banned crude from Venezuela, Iran, and Russia.

Beyond the Centuries, the U.S. monitors ships like the Bella 1, linked to evasion methods using convenience flags and identity switches. As the Venezuelan sea blockade tightens under Operation Southern Spear, the U.S. and Panama step up to dismantle the shadow fleet. Yet, U.S. Navy rules bar seizing civilian merchants, so the Coast Guard handles all boardings as the main enforcement arm.

Two key tankers have fallen into U.S. hands so far: the Skipper on December 10 and the Centuries on December 20. The Centuries held 1.8 million barrels headed for China. This highlights strains in regional fuel trade, where sanctions aim to cut cash flows to pressured regimes. Panama, central to sea transport, balances its open registry with calls for tighter oversight.

Probes go on, with final rulings on penalties expected soon. Meanwhile, Caribbean trade paths may shift, affecting energy supplies to Asia and beyond.

Trending Now

Costa Rica Owls: Camera Traps Reveal Their Hidden Live

Costa Rica is home to an array of owl species. They come in a variety of patterns, shapes, and sizes, but they have a...

Costa Rica Coffee Income Falls 30% as the Strong Colón Bites

Costa Rica’s coffee producers have seen their income fall by close to 30%, according to the Costa Rican Coffee Institute (Icafé), as a persistently...

Uvita Mansion Hid 357 Cocaine Packages and Costa Rica’s First 3D-Printed Rifles

Police seized 357 cocaine packages and Costa Rica's first 3D-printed rifles at a luxury house in Uvita.

Canadian Woman Dies at Costa Rica Cosmetic Surgery Clinic, OIJ Investigates

Costa Rican authorities are investigating the death of a 57-year-old Canadian woman at a cosmetic surgery clinic in San José. The woman had reportedly returned for a follow-up appointment after undergoing a procedure earlier in October.

Costa Rica Could Lose 24-Hour Tsunami Monitoring Over University Cuts

Costa Rica's tsunami warning center says it will stop round-the-clock monitoring of the country's coasts on Jan. 1, 2027, unless the government and lawmakers...

Free Museums, Films and Music Fill Costa Rica’s Weekend Calendar

Costa Rica is offering a wide range of free cultural activities this weekend giving everyone an opportunity to enjoy live music, movies, theater, traditional...

Three Paperwork Problems Led Costa Rica to Deny Beéle Concert Permit

Immigration says a contract filed for the Beéle concert listed a signer who was not in Costa Rica. Ticket refunds start automatically Monday.

Atenas launches Gallery Nights: a different artist every month, with the Central Valley as a backdrop

The series opens in November with Terry Eldridge, followed by John Taylor in December and Joanna Woskowicz in January Starting in November, Atenas will have...

Planned US Embassy Visit Leads to Arrest of Man Wanted in Georgia

A man wanted in Georgia was detained in Costa Rica after US authorities flagged a planned visit to the US Embassy.
Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel