20 December 2013 03:00 [Source: ICIS news]
The vessels were facing rough weather conditions in the Panama Canal, the traders said.
Ships from the Atlantic Ocean cross the Panama Canal to the Pacific Ocean.
The vessels were supposed to arrive in Asia in the second half of December, but the arrivals will be due in January, the traders said.
Asia may receive up to 2m tonnes of arbitrage naphtha supply from the western markets during January, including volumes which were spilled over from December. They were mostly heavier grade naphtha, hailing from northwest Europe, the Mediterranean, Russia and the US.
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