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Trafigura

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    South Korean shipping company Pan Ocean has secured a $109.6 million VLCC fixture, with commodity trader Trafigura continuing to build up its tanker fleet. The deal is being watched by industry observers as a sign of strengthening demand for very large crude carriers and deepening ties between shipowners and major trading houses.

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    Trafigura's 'Historic' Venezuelan Gold Deal Still Stuck in Storage●Trafigura Bought Venezuelan Gold in ‘Historic’ US Deal in March. It’s Still in Storage. https://www. occrp.org/en/news/tMmastodonWorldCrime11 d ago

    Investigative outlet OCCRP reports that commodity trader Trafigura bought Venezuelan gold in March under what was described as a 'historic' agreement involving US authorities, but months later the gold remains in storage and has not been delivered. The report raises questions about the deal's execution and the broader arrangement involving Venezuelan gold and US sanctions policy, drawing attention among readers following sanctions, commodities and Venezuela-related news.