Russian Tanker Stopped For Suspected Smuggling

Friday, April 07, 2000
A Russian tanker was intercepted in the Gulf on Thursday on suspicion of smuggling Iraqi oil in defiance of U.N. sanctions, a U.S. admiral said. The Akademik Pustovoyt was boarded in the southern Gulf by a team of Americans who took oil samples for analysis to see if the fuel was from Iraq, said Vice Admiral Charles Moore. He coordinates an international force patrolling the area and commands the U.S. Navy's Manama, Bahrain-based Fifth Fleet. The force from 18 countries that patrols the Gulf to catch smugglers of Iraqi oil had boarded the ship four times in the past couple of months, but it had not been detained previously "for a variety of reasons," Moore said. U.N. sanctions were imposed on Iraq after its 1990 invasion of Kuwait. Iraqi crude oil is sold in exchange for necessities under a closely supervised U.N. "oil-for-food" program. Moore has previously said that ships smuggling Iraqi oil travel through Iranian-controlled waters in the Gulf with the knowledge of Iran water patrols. Higher oil prices have sharply increased smuggling and Iraq could make up to $1 billion this year on gasoil smuggled by water and land. Moore had addressed the U.N. Security Council last month on smuggling and advocated diplomatic efforts to persuade Iran to stop letting offenders use its territorial waters.
Maritime Reporter July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Bulk Carrier Trends

Diana Shipping Nets 2Q Loss

Diana Shipping Inc. today reported a net loss of $14.1 million and net loss attributed to common stockholders of $15.5 million for the second quarter of 2015, compared to net loss of $5.

DryShips Reaches Agreement with Ocean Rig

DryShips Inc. (NASDAQ: DRYS), a global provider of marine transportation services for drybulk and petroleum cargoes, and through its subsidiary, Ocean Rig UDW Inc.

Shanghai 6th Best Shipping Center Globally

Shanghai has moved up the rankings of the world’s top shipping centers to sixth place, surpassing Dubai thanks to Free Trade Zone regulations and the Belt and Road Initiative,

 
 
Maritime Contracts Maritime Security Naval Architecture Pipelines Pod Propulsion Port Authority Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1141 sec (9 req/sec)