Oil Products Tanker News

Any shipper paying tolls to Iran for passage through the Strait of Hormuz, including charitable donations to organizations such as the Iranian Red Crescent Society, is at risk of punitive sanctions, the U.S. Treasury warned on Friday.The Strait of Hormuz is one of the world’s most strategically vital maritime routes, with about 20% of the world’s seaborne crude oil and liquefied ⁠natural gas flows passing through it.Tehran has proposed fees or tolls on vessels passing through the Strait…

Oil prices zig-zagged between negative and positive territory on Friday as traders weighed supply disruptions against the potential restart of peace talks between the U.S. and Iran that could help limit those disruptions.Prices rose 2% earlier in the day on fears of renewed military escalation in the region after Iran released footage on Thursday of commandos boarding a cargo ship in the Strait of Hormuz, and as progress stalled on re-opening the key waterway.Crude futures then…

Ships were largely avoiding the Strait of Hormuz on Monday after an escalation at the weekend in which Iran fired what appeared to be warning shots at vessels and the U.S. military seized an Iranian cargo ship.Just one ship exited the Gulf through the strait while two entered in the space of 12 hours, ship-tracking data showed on Monday, a fraction of what is usually about 130 vessels per day.The oil products tanker Nero, which is under British sanctions for Russia-related activities…

The U.S. military on Monday detailed the boundaries of its Strait of Hormuz blockade, saying it would extend east to the Gulf of Oman and Arabian Sea, while ship-tracking data showed two ships turned around in the strait as the blockade went into effect.In a note to seafarers about the blockade that seeks to take control of the strait away from Iran, the U.S. Central Command said: "Any vessel entering or departing the blockaded area without authorization is subject to interception…

Ship traffic through the Strait of Hormuz stood at well below 10% of normal volumes on Thursday despite a U.S.-Iran ceasefire as Tehran asserted its control by warning ships to keep to its territorial waters while doing so.Hundreds of tankers and other ships have been stuck inside the Gulf since the Iran war began on Feb 28, cutting global oil supply by 20% in the world's biggest-ever supply disruption. Prices for some physical oil grades hit fresh all-time highs on Thursday as the crisis showed little signs of abating.Iran must open the strait without conditions…

At least three tankers were damaged off the Gulf coast and one seafarer was killed as Iranian retaliation for U.S. and Israeli strikes on Iran exposed ships to collateral damage, shipping sources and officials said on Sunday.Risks to commercial shipping have surged in the past 24 hours, with more than 200 vessels including oil and liquefied gas tankers dropping anchor around the Strait of Hormuz and surrounding waters, shipping data showed on Sunday.Iran has said it has closed navigation through the critical waterway…

The crew of an oil products tanker are safe and the vessel is anchored off Iran's Bandar Abbas port, its manager said on Monday, after Tehran said it seized the ship in open Gulf waters last week.Iran confirmed on Saturday that its Revolutionary Guards (IRGC) had seized the Talara, a Marshall Islands-flagged tanker, over alleged cargo violations, Iranian state media reported.It was the first seizure of a tanker by Tehran since Israeli-U.S. strikes on Iran in June and has raised…

Iran confirmed on Saturday that its Revolutionary Guards had seized a tanker in Gulf waters carrying a cargo of petrochemicals bound for Singapore over alleged violations, Iranian state media reported.A U.S. official and maritime security sources had said on Friday that Iranian forces intercepted the oil products tanker and diverted it into Iranian territorial waters. It was the first report of Tehran seizing a tanker since Israeli-U.S. strikes on Iran in June.Iranian state-run…

An EU warship secured the crew of an oil products tanker on Friday after it was attacked by pirates off Somalia, its operator and a European Union naval mission said, as worries grow over a resurgence of piracy after years of calm.Just hours earlier, in a separate incident, another vessel successfully outran a pirate skiff in the same area, maritime sources said.A recent spate of attacks on vessels off the Horn of Africa, including the first involving suspected Somali pirates in a year…

The breakaway and grounding of an oil tanker in the Brisbane River, Australia, in February 2022 illustrates the importance of clearly defined emergency and risk management arrangements, according to the Australian Transport Safety Bureau (ATSB) investigation report.On February 27, 2022, during a period of heavy, sustained rainfall and flooding in south-east Queensland, the 185-meter Hong Kong-flagged oil products tanker CSC Friendship was berthed at the Ampol products wharf in the Port of Brisbane…

Oil products tanker Sounion reported being attacked by two small boats and struck by three projectiles in the Red Sea off Yemen on Wednesday, the United Kingdom Maritime Trade Operations (UKMTO) said.There were no casualties reported among the 25 crew members onboard, but the Greek-flagged vessel has lost the ability to maneuver, UKMTO added.The vessel reported being approached by two small craft with approximately 15 people onboard and said there was a brief exchange of small arms fire…

The 16-strong crew of a Comoros-flagged oil tanker that capsized off Oman are still missing, the country's maritime security center said on Tuesday, a day after the sinking was reported.The crew of "Prestige Falcon" comprised 13 Indian nationals and three Sri Lankans, the Omani center said in a post on the social media platform X.Separately, the center told Reuters that the vessel remains "submerged, inverted". It did not confirm whether the vessel had stabilised or whether oil…

A Liberian-flagged oil products tanker hit a mine on Sunday in the Black Sea off the coast of Romania and sustained minor damage, but the crew was safe, sources said on Monday.It is the second vessel this month to have been hit by a floating mine in the Black Sea, in a reminder of the continued perils faced by commercial ships in the region.The Ali Najafov tanker was sailing near to the Sulina channel near Romania when the blast occurred on Sunday, Yoruk Isik, head of the Bosphorus Observer consultancy, told Reuters.A Ukrainian source separately confirmed the vessel had struck a mine.The vessel's Istanbul-based manager Palmali, listed in shipping databases, did not immediately respond to a request for comment.

The captain of a fuel tanker arrested by the Indonesian navy in May on suspicion of illegally anchoring in its waters has been jailed for 15 days and fined 200 million rupiah ($13,350), a navy spokesman said on Wednesday.The Nord Joy, a Panama-flagged oil products tanker, was detained on May 30 whilst anchored in Indonesian waters to the east of the Singapore Strait, one of the world's busiest shipping lanes.Indonesian navy officers asked for an unofficial payment of $375,000 to release the vessel, two people involved in the negotiations told Reuters at the time. The Indonesian navy denied any such payment was requested and said the vessel was being held for anchoring in its waters without a permit.

Greenpeace protesters have blocked the entry of a Greek tanker into a southern English port due to its Russian fuel cargo with police making arrests, the green group said on Monday.Britain and the EU have separately banned Russian-flagged vessels from their ports, with exemptions, after Russia's invasion of Ukraine in what the Kremlin describes as a "special military operation."The UK has said it will phase out imports of Russian oil by the end of the year, which has meant that foreign-flagged vessels carrying Russian cargoes are still able to call at ports for the time being.Greenpeace said 12 activists occupied a jetty on Sunday evening in Navigator Terminals' Thames site in Essex…

State-owned Bangladesh Shipping Corp is seeking $22.4 million from its insurer for a cargo ship hit by a missile in March, government officials with knowledge of the talks said, in the first major marine insurance claim from the conflict in Ukraine.The UN's shipping agency said last week it would create a safe maritime corridor for merchant ships and crews stuck in the Black Sea and Sea of Azov, although shipping industry sources expect progress to be slow. Projectiles have hit four other vessels in recent days with one sunk.Insurance premiums have soared by over 100% for voyages to the region since the war started. Insurers are watching…

Ten months of test sailing using Frugal Propulsion on the tanker Endelo Swan shows a fuel saving of 12.2%, which is now driving Uni-Tankers to install the system on more ships in the fleet.Danish shipping company Uni-Tankers is reaping the rewards of Frugal Propulsion, a system which provides opportunities for optimizing fuel consumption on engine-driven ships.Frugal Propulsion, which is developed by the Danish start-up Frugal Technologies, was installed on the chemical/oil products tanker Endelo Swan during docking in June 2020.

The Belgian port of Antwerp has quarantined a Maltese-flagged oil tanker until at least July 4 after more than half of its crew tested positive for COVID-19, the port authority said on Thursday.The Minerva Oceania was being held at the port's Leopold dock after 15 of its 26-person crew had returned positive tests, a port spokeswoman said in an emailed response.Two of the crew members who tested positive were in hospital but their condition was not serious, she said. The other crew were remaining on board and those with COVID-19 self-isolating in separate cabins.

RMK Marine Shipyard is located in the Tuzla/Istanbul, Turkey, since 1997 as part of the Koc Group of Companies (https://www.koc.com.tr/en-us) which is Turkey’s biggest conglomerate. It specializes in shipbuilding as well as super/mega yacht refit, conversion and new building projects. On the shipbuilding side, specialty, high-temperature product tankers, such as asphalt and bitumen, as well as chemical and oil products tankers have been a staple of RMK Marine. Since 1997, RMK…

The United States on Friday announced the deployment of 1,500 troops to the Middle East, describing it as an effort to bolster defenses against Iran as it accused the country's Revolutionary Guards of direct responsibility for this month's tanker attacks.President Donald Trump's administration also invoked the threat from Iran to declare a national security-related emergency that would clear the sale of billions of dollars' worth of weapons to Saudi Arabia, the United Arab Emirates and other countries without required congressional approval.The actions were the latest by the Trump administration as it highlights what it sees as a threat of potential attack by Iran…

The oil products tanker operated by Singapore-based NYK Bulkship (Asia) Challenge Peak  has shipped the first batch of plant condensate produced at the onshore gas liquefaction plant of the INPEX-operated Ichthys LNG Project.According to a press release from the Japanese shipping and logistics company NYK (Nippon Yusen Kabushiki Kaisha), the condensate was loaded from the gas liquefaction plant in Darwin in the Northern Territory of Australia, and the vessel departed for an Asian country on December 26.A joint venture among INPEX (the operator), oil major Total, and others, the Ichthys LNG Project is one of the largest LNG projects in the world…

Traders adding U.S. port options to cargoes for flexibility. Traders are scrambling to find oil products in Asia to ship to the United States and Latin America after Hurricane Harvey shut almost a quarter of U.S. refining capacity, several trading and shipping sources told Reuters on Wednesday. Many are also asking for ships to have a U.S. option added to their original destination to allow for flexibility in sending the cargoes across the Pacific, shipbrokers said. At least one oil products tanker, BW Kallang, is being diverted to Houston instead of New York after loading gasoline blending component alkylate from India, a source familiar with the matter said.

The Master of an oil tanker who says she was “just doing her job” has received the highest International Maritime Organization (IMO)  bravery recognition for saving the lives of seven fishermen from a sinking fishing boat during a tumultuous storm in the Bay of Bengal in June 2015. “It is every seafarer’s and Master’s solemn duty and obligation to save souls in distress at sea. I just did what a seafarer should do for a fellow soul in distress at sea. Yes, it was an instant decision, but not without assessing the risks involved. I just did my duty,” said Captain Radhika Menon, Master of the oil products tanker Sampurna Swarajya. She was speaking after IMO Secretary-General Kitack Lim presented her with the 2016 IMO Award for Exceptional Bravery at Sea on Monday (21 November)…