Venezuela Oil Output Choked

Wednesday, December 18, 2002
Venezuela, beset by the strife of a more than two week old strike aimed at ousting controversial President Hugo Chavez, has seen its oil production plummet to less than 15 percent of normal levels, according to wire reports. Venezuela is ranked as the world's fifth largest crude exporter, and provides more than 10 percent of U.S. oil imports. As of Wednesday, December 18, an estimated 40 ships were anchored off ports as international oil firms have been cautious to lift cargoes from replacement workers enlisted by Chavez to break the strike. Vessels attended by uncertified pilots or crews would incur insurance risks. Only a handful of ships, chartered by PDSVA and Citgo, have loaded and sailed since the state giant declared force majuere on exports nearly two weeks ago.
Maritime Reporter June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Research Vessel Concept a first for Voith

The new fisheries research vessel of the Shanghai Ocean University will be a first for Voith in several respects.   It is the first fisheries research vessel

Ocean Safety’s New Liferaft Facility Opens

Ocean Safety, a specialist in the worldwide supply, distribution, service and hire of marine safety equipment, has opened a new liferaft hire division.   Ocean

ISS Inks Service Pact with Technip

Inchcape Shipping Services (ISS) and Techniphave signed a contract to provide marine agency services and logistics for the Rashid C project in the Middle East. Currently

Energy

Buoys in Disputed Waters Roil South China Sea Dispute

Buoys stretched "as far as eye could see" - Philippine sailor. The Philippine navy recently found a large steel marker bearing Chinese inscriptions and hundreds

White House: Iran Talks Deadline Could Slip

The White House said Tuesday's deadline for negotiators in Vienna to come to a final, firm agreement on Iran's nuclear program could slip. When asked if President

Port of New Orleans Goes Green

Green Marine, a North American environmental certification program for the marine, port and terminal industry, officially recognized the Port of New Orleans recently as a certified Green Port.

 
 
Maritime Security Naval Architecture Navigation Pod Propulsion Port Authority Salvage Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1288 sec (8 req/sec)