Caribbean Tourism Remains Resilient and Welcoming Amid Venezuela Airspace Closures

The Caribbean Tourism Organization (CTO) is closely monitoring the geopolitical situation in Venezuela, particularly recent airspace closures. Despite these challenges, the region’s tourism sector remains resilient. With smooth cruise and air travel, strong advance bookings, and a commitment to hospitality, the Caribbean invites travelers to explore its diverse offerings.

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Handysize gas tanker

Impact of Venezuela’s Crisis on Shipping and Trade Security

The legal drama surrounding Venezuela’s President Nicolás Maduro escalated in Manhattan federal court, where he pleaded not guilty to narcoterrorism charges. Following Operation Absolute Resolve, insurance rates for Caribbean transit have surged, as maritime operators face heightened risks and stricter conditions, complicating compliance amid shifting geopolitical dynamics.

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A satellite image shows the Skipper tanker, in north of Guadeloupe

US Seizes Venezuelan Tanker in Crackdown on Sanctioned Oil Exports

On December 12, U.S. authorities seized the M/T Skipper off Venezuela’s coast, shortly before a court-issued warrant expired. This operation underscores U.S. sanctions against Venezuelan oil, enforcing measures initiated in 2019. The seizure has heightened tensions between Washington and Caracas, with plans for further interceptions of sanctioned oil shipments.

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