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Two oil tanks seized by the US after Venezuelan raid are sold for scrap.

Lloyd's List reported on Monday that the U.S. Government has sold two sanctioned tankers for scrap. They were seized days after Washington's raid in?Venezuela.

According to the report, Global Marketing Systems, a Dubai-based vessel recycling firm, purchased the tankers for an undisclosed amount last month.

Reports stated that the sale included Era, which was previously known as Marinera or Bella 1, as well as Lileo. These vessels were previously known as Galileo or Veronica. The tankers are to be 'demolished at scrap yards in India.

Anil Sharma, CEO of GMS, told Lloyd's List that the U.S. Government sold the ships to them and a court ordered the sale. However, there were complexities. Not least, we didn't know who owned the ships before.

GMS didn't immediately respond to an inquiry for comment.

The U.S. Coast Guard, along with military special forces, seized the Russian flagged Era in the waters south of Iceland in January. This ended a 'week-long pursuit across Atlantic. The vessel had slipped past a U.S. Blockade in the Caribbean, which was intended to stop oil exports from Venezuela.

Washington said then that the Era was used to transport oil sanctioned from Venezuela and Iran. The?U.S. In January, the?U.S. The tanker was under?U.S. sanctions. The sanctions were aimed at Russia.

After its military action in Venezuela, the?U.S. The?U.S. Sanctioned ships often change their names to avoid detection. (Reporting and editing by Tom Hogue; Lisa Baertlein)

(source: Reuters)