oil tanker

Iran says UK oil tanker could be released soon

The British-flagged oil tanker seized by Iran could be released after the imminent completion of legal proceedings against the tanker, Iranian state television reported on Sunday, September 8.

Iran seized the British tanker near the Strait of Hormuz for alleged marine violations two weeks after British forces detained an Iranian tanker near Gibraltar, accusing it of shipping oil to Syria in violation of European Union sanctions.

“I hope the procedures will be completed soon and this tanker will...

https://container-news.com/iran-uk-oil-tanker-released/

“Floating Bomb” Holding 1m Oil Barrels in Red Sea

‘Floating bomb’ holding 1 m oil barrels could create environmental disaster in Red Sea, reports The Guardian.

What happened?

A deserted oil tanker described as a “floating bomb” that is currently anchored off the coast of war-torn Yemen is said to have the potential to create an environmental disaster, according to experts.

A byproduct of the battle between the Saudi-backed UN Yemen government and the Houthis, the tanker, containing over 1m barrels of oil, is said to be eroding fast, but UN...

http://mfame.guru/floating-bomb-holding-1m-oil-barrels-in-red-sea/

Britain says Iran tried to block its oil tanker

Three Iranian vessels attempted to block the passage of a BP-operated tanker through the Strait of Hormuz but withdrew after warnings from a British warship, the British government said on Thursday, July 11.

The stand off followed a warning by U.S. President Donald Trump that U.S. sanctions on Iran would soon be “substantially” increased as part of Washington’s drive to curb Iran’s nuclear activities and regional behavior.

Britain urged Iran to “de-escalate the situation in the region” after the...

https://container-news.com/britain-says-iran-tried-block-oil-tanker/

Why Did Oil Tanker Rates Just Double?

  • Recently, tanker demand and rates have highlighted shifting supply patterns and have sparked a bit of a worry about OPEC’s compliance rates.
  • What sparked the worry was a rebound in tanker rates from a low of US$15,000 per day earlier in February to double that last week.
  • It’s U.S. light crude, which is being pumped at ever-increasing rates.
  • A boom in demand for the crude is expected as a result of IMO2020..
  • According to a poll carried out earlier this month by Bloomberg, daily tanker rates...

http://mfame.guru/why-did-oil-tanker-rates-just-double/

Ocean Yield Extends Tanker Fleet

  • Ocean Yield ASA has taken delivery of the 2016-built Suezmax crude tanker Milos.
  • The Suezmax had been purchased for US$56M with a seller’s credit of US$7M, producing a net purchase price of US$49M.
  • Milos will commence a 13-year bareboat charter to Okeanis Eco Tankers Corp.
  • With a fleet expansion, the company will focus on eco-designed vessels fitted with scrubbers.

According to Tanker Shipping, OceaOcean Yield ASAn Yield ASA has announced it has taken delivery of the 2016-built Suezmax crude...

http://mfame.guru/ocean-yield-extends-tanker-fleet/

Threat Of Legal Action Leads To Payment Of Fine Over Humber Incident

  • Master of a Russian oil tanker was fined a total of £25761.99 at Hull Magistrates Court.
  • Prosecuted for breaching the International Safety Management (ISM) Code.
  • CA Inspectors found a catalogue of deficiencies in navigation and safety equipment, together with significant non-compliance with the ISM Code.

According to the UK government, a company and one of its ship masters have paid up fines after being warned their boat could be seized if they didn’t pay.

Oil tanker fined

On the 14th June...

http://mfame.guru/threat-of-legal-action-leads-to-payment-of-fine-over-humber-incident/

Photos: Six Greenpeace Activists Arrested On Board Ship Loaded With Palm Oil

Six Greenpeace Activists Arrested on Board

Six Greenpeace activists have been arrested by the captain of a giant tanker, while peacefully boarding the 185-metre long cargo loaded with palm oil products from Wilmar International, the largest and dirtiest palm oil trader in the world.

Image Credits: Jeremy Sutton-Hibbert/greenpeace.org

The Stolt Tenacity, carrying dirty palm oil from Indonesia to Europe, was safely scaled by Greenpeace International volunteers from Indonesia, Germany, the UK, France, Canada and the US in a peaceful protest...

https://www.marineinsight.com/shipping-news/photos-six-greenpeace-activists-arrested-on-board-ship-loaded-with-palm-oil/

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