Dubai-run GMS has applied for a US licence to buy and scrap ships seized by the government of President Donald Trump on suspicion of being linked to Venezuelan oil trading.
Reuters report that the US military and Coast Guard have seized seven vessels in recent weeks in international waters that were either carrying Venezuelan oil or have done so in the past.
The seizures were part of Washingtons campaign to force Venezuelan President Nicolas Maduro out of power that culminated in US forces capturing him on January 3.
