Delays in Venezuelan seaports results in wheat surplus
Labor conflicts are accountable for fitful supply
Delays to grant permissions to import wheat escalated in the last quarter of 2012 in Venezuela, creating chaos in logistics during wheat-by products highest consumption months: November and December.
Three ships loaded with wheat have been waiting since late 2012 in Venezuela's northern seaport Puerto Cabello to dock and download their cargos.
Monaca is one of the companies reporting the largest wheat stocks. It has been the supplier for the sector's enterprises in view that its plants were shut for more than two months due to a conflict with the company's trade union. Although the plant has resumed operations, the problem has not been solved yet.
So companies that were unable to import or download freight were supplied by Monaca.
Nevertheless, sources in connection with wheat association Asotrigo have informed that Venezuela will be facing wheat surplus this year due to the late arrival of freights. Raw material will then be enough to process wheat flour.
A shipment of over 30,000 tons of phosphate arrived at Puerto Cabello port in late July on board the Shi Long Ling, a Chinese-flagged vessel that began its long journey in northern Africa. The cargo boat docked on July 26 after traveling more than 3,200 nautical miles. Undoubtedly, this would just be considered one in many cargo ships crisscrossing the oceans if it were not for the fact that Venezuela has denounced Western Sahara occupation by Morocco and yet purchases the territory's natural resource products from the occupying power.