Petroleos de Venezuela SA (PDVSA) needs to enlarge its tanker fleet to increase direct shipments to its customers — but any expansion plan will have little chance of success, according to Alphatanker.

With Washington ramping up pressure on foreign shipowners involved in Venezuelan tanker trading, the state oil firm has reportedly offered to deliver its crude directly to the ports nominated by interested buyers.

This has prompted speculation that PDVSA is looking to increase its crude shipping capacity, with old VLCCs being its most likely targets, according to Alphatanker.