Iranian Ship Reaches Venezuela with Cargo of Food

June 22, 2020

An Iranian ship was approaching the Venezuelan port of La Guaira on Sunday with a cargo of food that will supply the South American nation’s first Iranian supermarket, according to Refinitiv Eikon and Iran’s embassy in Venezuela.

Iran supplied 1.5 million barrels of fuel to Venezuela last month amid a collapse of refinery operations and tightening sanctions by the United States that has made it more difficult for Venezuela to obtain fuel on international markets.

The Iranian-flagged general cargo ship Golsan, owned by Mosakhar Darya Shipping Co, departed on May 15 from Bandar Abbas. Five tankers left for the Caribbean from the same port in March after loading fuel, according to Eikon data.

“The Golsan will arrive carrying food to open the first Iranian supermarket in Venezuela,” the Iranian Embassy wrote on Saturday via its Twitter account. It did not provide details.

Venezuela’s Information Ministry did not immediately reply to a request for comment.

Iran is expected to dispatch two to three monthly shipments of gasoline to its ally Venezuela, sources close to the matter said, which would help offload the gasoline inventory that Iran accumulates, while helping to alleviate the fuel shortage in Venezuela.

The growing bilateral trade could lead to retaliation by the United States, which has enacted extensive sanctions programs against the two countries.


(Reporting by Deisy Buitrago; Additional reporting by Tibisay Romero in Valencia; Editing by Peter Cooney)

Logistics News

Paris MoU Tackles Fraudulent Certificates

Paris MoU Tackles Fraudulent Certificates

BHP and GCMD Trial B100 Blend in Existing Supply Chain

BHP and GCMD Trial B100 Blend in Existing Supply Chain

Lakes U.S. Limestone Trade Down in May

Lakes U.S. Limestone Trade Down in May

Ivory Coast Reports Strong Cocoa Exports Ahead of El Niño Impacts

Ivory Coast Reports Strong Cocoa Exports Ahead of El Niño Impacts

Subscribe for Maritime Logistics Professional E‑News

There are some flights to the Middle East that have resumed but there is still disruption.
Sources say that the CPPIB in Canada and Czech EPH are potential buyers of Uniper.
Spain records record high temperatures at sea for May