Finance

Exclusive-US handing over seized tanker to Venezuela, officials say

Published by Global Banking & Finance Review

Posted on January 28, 2026

1 min read

· Last updated: January 28, 2026

Add as preferred source on Google
Exclusive-US handing over seized tanker to Venezuela, officials say
Global Banking & Finance Awards 2026 — Call for Entries

WASHINGTON, Jan 28 (Reuters) - The United States is handing over a tanker to Venezuela that it seized earlier this month, two U.S. officials told Reuters on Wednesday, the first known instance where

Exclusive-US handing over seized tanker to Venezuela, officials say

US Transfers Tanker to Venezuela

WASHINGTON, Jan 28 (Reuters) - The United States is handing over a tanker to Venezuela that it seized earlier this month, two U.S. officials told Reuters on Wednesday, the first known instance where President Donald Trump's administration has returned such a tanker.

The officials, who were speaking on the condition of anonymity, said the tanker that is being handed to Venezuelan authorities was the Panama-flagged supertanker M/T Sophia. They did not say why the tanker was returned.

The U.S. Coast Guard, which leads interdiction and seizure operations, did not immediately respond to a request for comment.

Details of the Seizure

(Reporting by Idrees Ali and Phil Stewart; Editing by Chris Reese)

Key Takeaways

  • US hands over seized tanker to Venezuela.
  • Tanker identified as Panama-flagged M/T Sophia.
  • First known return by Trump administration.
  • US Coast Guard involved in operations.
  • Officials spoke under anonymity.

Frequently Asked Questions

What is a tanker?
A tanker is a large vessel designed to transport liquids, such as oil or chemicals, across oceans and seas.
What is the U.S. Coast Guard?
The U.S. Coast Guard is a maritime security organization responsible for enforcing laws, conducting search and rescue operations, and maintaining navigational aids in U.S. waters.
What is a supertanker?
A supertanker is a large oil tanker that can carry vast quantities of crude oil or petroleum products, typically over 200,000 deadweight tons.

Tags

Related Articles

More from Finance

Explore more articles in the Finance category