Iraq: Huge Oil Tanker Traffic Jam Builds at Iraq's Basra Port

Apr 6, 2016 | Keith Wallis, Reuters
View Original

A traffic jam of nearly 30 large oil tankers has built up outside the Iraqi port of Basra due to loading delays, with some waiting up to three weeks and costing ship operators around $75,000 a day per vessel. Shippers and port sources said more delays are expected throughout April as the city's facilities struggle to cope with Iraq's soaring crude output.