The ban followed Swiss-based Vitol's public acknowledgement in December 2020, in a deal with the U.S. Department of Justice, that it had paid kickbacks to win business with Pemex, as well as state companies in Brazil and Ecuador.
Liberia-flagged vessel Arvin had set sail from Houston on Sept. 7, partially loaded, bound for the Mexican port of Pajaritos, LSEG data showed. It arrived in Pajaritos two days later and finished discharging on Sept. 15. Reuters was unable to determine the terms of the settlement between Mexico, one of the world's largest importer of refined oil products, and Vitol.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: