The backlog of tankers waiting to unload crude and products
around Venezuela is growing larger, Reuters reports. As of December 2, data
from the news service showed around 18 vessels anchored around Venezuela and
Curacao, while another 45 vessels were heading towards the Caribbean or waiting
to load crude or products at state-run PDVSA's terminals. Some 12 tankers were
said to be waiting to unload in the previous week, with around 50 preparing to
load. Reuters cited reports from traders saying that "unpaid cargoes have
been swirling around Venezuelan ports since November." More… 
Monday, December 7, 2015
Tanker Backlog Building at Venezuela Ports
The backlog of tankers waiting to unload crude and products
around Venezuela is growing larger, Reuters reports. As of December 2, data
from the news service showed around 18 vessels anchored around Venezuela and
Curacao, while another 45 vessels were heading towards the Caribbean or waiting
to load crude or products at state-run PDVSA's terminals. Some 12 tankers were
said to be waiting to unload in the previous week, with around 50 preparing to
load. Reuters cited reports from traders saying that "unpaid cargoes have
been swirling around Venezuelan ports since November." More… 
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