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US to let Venezuela oil sanctions exemption expire in April

The US has revoked a general license for transactions involving Venezuela’s state-owned gold mining corporation Minerven, and says it will let the license allowing transactions with the country’s oil and gas sector expire amid a crackdown by president Nicolas Maduro on his opposition ahead of the country’s upcoming election
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CMA CGM joins list of carriers tying up methanol-fuel conversions

World’s third-largest containership operator joins Cosco and Maersk in booking conversions of existing conventional-fuel containerships to operate on methanol fuel. Other carriers, including Hapag-Lloyd, are studying plans for retrofits of relatively modern containerships
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