Vitol has reportedly fixed a VLCC to load Venezuelan crude in yet another voyage charter that will yield a significant risk premium for the owner.

Dynacom Tankers’ 318,300-dwt Ioanna (built 2008) was booked to lift 270,000 tonnes from Puerto Jose on 15 March for shipment to China at a lump-sum rate of $8m, according to brokers.

This was $1.35m