Venezuela Trade Disruptions to Stay Localized: Supply Lines

Shipping disruptions around Venezuela should remain localized after the US operation to capture the country’s leader during a weekend raid included damage to a key Caracas seaport.

That’s among the initial takeaways from trade analysts including Judah Levine, head of research at Freightos, a cargo booking platform. He said the closure of La Guaira, Venezuela’s second-largest container port, will delay delivery of some cargo for importers and exporters.

“Venezuela is a relatively small container market, and capacity can be partially rerouted through the Port of Cabello, about 60 miles west,” according to Levine in a statement. “We don’t expect meaningful ...