Archive for April 21st, 2016

PCNI IV: Number Of Ships Arriving Has Not Recovered

April 21, 2016

PtocabelloAbril

I was hoping the number of ships coming into Puerto Cabello would pick up before reporting, but since late March, I have not seen a single day with more than three ship on a single day. This just means that the Government is simply sacrificing imports in order to to comply with its international obligations. This also means that shortages should accentuate in the coming weeks, since the number in January was in the mid-teens.

I apologize for being the bearer of bad news, but that is what the numbers are saying today.

I will only report in the future on the PCNI if there is a significant pick up in the number of cargo ships coming into the country via its most important port.