Tuesday, January 30, 2018

In Venezuela Pirates Now Rule

By Jonathan Franklin (Bloomberg) Their industry all but destroyed, former fishermen now run guns one way, diapers another. On the sea with the desperate and ruthless. Venezuela and the island of...

January 30, 2018
Total Views: 29

Tuesday, April 18, 2017

Banned at Sea: Venezuela’s Crude-Stained Oil Tankers

By Marianna Parraga and Mircely Guanipa HOUSTON/PUNTO FIJO, Venezuela, April 18 (Reuters) – In the scorching heat of the Caribbean Sea, workers in scuba suits scrub crude oil by hand...

April 18, 2017
Total Views: 22

Friday, April 22, 2016
Maritime News

Venezuela Piles Up $1 Billion Bill for Late Shipping Containers

By Corina Pons and Jonathan Saul PUERTO CABELLO, Venezuela/LONDON, April 22 (Reuters) – Venezuelan state agencies have run up close to $1 billion in debts with shipping firms due to...

April 22, 2016
Total Views: 2

Thursday, April 7, 2016
Maritime News

PDVSA to Receive First U.S. Crude Cargo from BP, Backlog Eases Around Curacao

HOUSTON, April 6 (Reuters) – Venezuela’s PDVSA will discharge in the coming days its first cargo of U.S. crude bought from British BP, who along with China Oil was awarded...

April 7, 2016
Total Views: 8

Thursday, March 24, 2016
Maritime News

Delays at Venezuela’s Main Crude Port Trigger Vessels Backlog

By Marianna Parraga and Alexandra Ulmer HOUSTON/CARACAS, March 24 (Reuters) – Serious delays to load and unload vessels at Venezuela’s main crude port started to create a backlog of tankers...

March 24, 2016
Total Views: 2

Wednesday, March 2, 2016
Maritime News

World Bank Tribunal Partially Lifts Suspension on Tidewater Award in Venezuela Case

CARACAS, March 1 (Reuters) – A World Bank tribunal partially lifted a stay of enforcement on a compensation claim payable by Venezuela to oil service company Tidewater, meaning the company...

March 2, 2016
Total Views: 0

Monday, January 18, 2016
oil tanker
Maritime News

Iran-Venezuela Oil Tanker Deal Hit by Sanctions Snags

By Jonathan Saul and Marianna Parraga LONDON/HOUSTON, Jan 18 (Reuters) – An agreement to build oil tankers in Iran for Venezuela has been left in limbo years after it was...

January 18, 2016
Total Views: 0

Thursday, December 3, 2015
Maritime News

Tanker Backlog Builds in Venezuela

HOUSTON (Reuters) – A backlog of tankers waiting to unload around Venezuela has built up, even though a crude cargo from France’s Total and another six tankers carrying products were...

December 3, 2015
Total Views: 1

Monday, September 14, 2015
Maritime News

Venezuela Arrests Seven Suspected of Smuggling Diesel Onboard PDVSA Tanker

  PARAGUANA, Venezuela (Reuters) – Venezuelan authorities have arrested seven people for allegedly attempting to smuggle diesel, an industry source and a law enforcement source said last Tuesday, as the...

September 14, 2015
Total Views: 2

Thursday, July 9, 2015
Maritime News

Venezuela Bid to Review $46 Million Tidewater Award Rejected

CARACAS, July 8 (Reuters) – Venezuela’s request to review a $46 million compensation claim it has been ordered to pay to oil service company Tidewater was rejected and the stay...

July 9, 2015
Total Views: 0

Thursday, March 19, 2015

Venezuela Looking to Reduce Tidewater Ruling

Venezuela will seek to reduce a $46 million compensation claim it has been ordered to pay to oil service company Tidewater in a case stemming from the 2009 seizure of vessels, its oil minister said in an interview published on Thursday.

March 19, 2015
Total Views: 2

Tuesday, November 18, 2014
Maritime News

Second Algerian Crude Cargo Arrives in Venezuela

A tanker carrying Algerian light oil arrived at the Venezuelan port of Jose late on Monday and is waiting to unload up to 2 million barrels in PDVSA's second crude purchase from state-run Sonatrach, according to Reuters vessel-tracking data.

November 18, 2014
Total Views: 2

Thursday, November 13, 2014

Venezuelan Oil Ports Struggle to Handle Tanker Arrivals

Venezuelan oil ports are struggling to load and unload cargoes on time amid an increase in fuel imports prompted by trouble at PDVSA's 1.3 million-barrel-per-day domestic refining network, shippers told Reuters on Thursday.

November 13, 2014
Total Views: 4

Sunday, October 26, 2014
Maritime News

Supertanker Arrives With Venezuela’s First Imported Crude Oil

Oil tanker Carabobo, bringing Venezuela's first import of crude oil, arrived late on Saturday at the Jose port, where it is scheduled to unload up to 2 million barrels of Algerian Saharan Blend.

October 26, 2014
Total Views: 150

Wednesday, October 22, 2014
Maritime News

Venezuela Books VLCC to Import Second Algerian Crude Shipment

Venezuela's state-run oil company PDVSA has hired a supertanker to load a second 2 million-barrel cargo of Algerian crude, according to preliminary tanker fixture data.

October 22, 2014
Total Views: 2

Friday, October 17, 2014
Maritime News

Venezuela Buys Two Russian Crude Cargoes for Curacao Refinery -Sources

Venezuela's PDVSA bought two cargoes of Russian Urals light crude from a unit of Petrochina to be delivered starting in November at the Isla refinery in Curacao operated by the state-run oil company, traders told Reuters on Friday.

October 17, 2014
Total Views: 3

Tuesday, October 14, 2014
Maritime News

VLCC Departs Algeria With Venezuela’s First Ever Imported Crude

The first tanker of imported crude ever bought by Venezuela has sailed from Algeria in a move to reduce costs by the South American state-run oil company PDVSA, according to Reuters ship tracking data and sources close to the deal.

October 14, 2014
Total Views: 11

Wednesday, September 17, 2014
drilling barge lake maracaibo

Maersk Drilling Divests from Venezuela

After 22 years of operations in Lake Maracaibo, Maersk Drilling announced today they are pulling out. The divestment from Venezuela includes the sale of 10 cantilevered offshore drilling barges to...

September 17, 2014
Total Views: 13

Tuesday, October 15, 2013
Teknik Perdana

Venezuela Frees Seized Oil Survey Ship

By Andrew Cawthorne CARACAS, Oct 15 (Reuters) – The Malaysian owners of a U.S.-hired oil survey ship seized last week by Venezuela in a territorial dispute with neighboring Guyana said...

October 15, 2013
Total Views: 6

Saturday, October 12, 2013
Teknik Perdana
Maritime News

Venezuela Detains Anadarko-Contracted Survey Vessel in Disputed Waters

Oct. 11 (Bloomberg) — Anadarko Petroleum Corp., the third- largest independent U.S. oil and natural gas producer, said it’s working for the release of a research vessel and its crew...

October 12, 2013
Total Views: 2