High Shipping Costs Are Here to Stay Says Bloomberg
By Henry Ren (Bloomberg) Stubbornly high shipping expenses for businesses are getting sealed into contracts for the next 12 months, forcing companies to pass the extra costs on to consumers....
CARACAS, Feb 25 (Reuters) – Armed assailants murdered the captain of an oil tanker after boarding his ship while it was anchored off the coast of eastern Venezuela, according to a local union leader and a report from a Venezuelan port authority.
Six armed individuals boarded the San Ramon tanker early Monday morning in Pozuelos Bay and shot the captain, Colombian national Jaime Herrera Orozco, a report from the Puerto La Cruz port authority seen by Reuters said.
A coast guard sergeant guarding the ship was also injured, the report added.
Crime has become a growing problem https://www.reuters.com/article/us-venezuela-oil-crime-insight/pirates-and-hold-ups-crime-strikes-venezuelas-oil-industry-idUSKBN0P51G020150625 for OPEC member Venezuela’s moribund oil industry during a six-year economic crisis, marked by hyperinflation and shortages of basic goods. So-called pirates frequently rob equipment from oil wells in Maracaibo Lake in western Venezuela.
Jose Bodas, an oil workers union leader in Puerto La Cruz, said the tanker had been waiting to enter the Jose oil terminal to load with crude. He said it was the first time he could recall an attack of this type in eastern Venezuela, and it was the first death at the hands of “pirates” he knew of.
“This is a demonstration of the insecurity we face, which is also present in the oil fields and undoubtedly impacted production,” Bodas said in a telephone interview, adding that other members of the San Ramon’s crew were missing.
Authorities have not provided official information about the incident.
Neither Venezuela’s state oil company, PDVSA, nor the country’s oil or information ministries responded to requests for comment. Neither the Puerto La Cruz port authority nor Venezuela’s INEA maritime authority answered the phone on Tuesday, a national holiday.
The Mexican-flagged San Ramon has not transmitted its location since Dec. 10, when it was in the port of Manzanillo in Mexico, according to Refinitiv Eikon data. The owner of the tanker could not immediately be established. (Reporting by Deisy Buitrago and Marianna Parraga Writing by Luc Cohen; Editing by Tom Brown)(c) Copyright Thomson Reuters 2019.
Join the 67,376 members that receive our newsletter.
Have a news tip? Let us know.