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Oil Tankers

How new tanker giants are sprouting from nowhere to keep Russian oil moving

Almost 1,200 miles away in Dubai, a small office in a run down industrial estate, offers no clues that it, too, is a small cog in Russia's vast new petroleum supply chain

How new tanker giants are sprouting from nowhere to keep Russian oil moving
Updated On : 19 Mar 2023 | 11:10 PM IST

India to withdraw licenses for oil tankers, bulk carriers older than 25 yrs

"Age norms will assist in ensuring gradual phasing out of fossil fuel ships and ushering in of alternate/low carbon energy efficient ships," the order said

India to withdraw licenses for oil tankers, bulk carriers older than 25 yrs
Updated On : 28 Feb 2023 | 10:52 PM IST

India faces no immediate impact of oil tanker pileup in Turkey: Officials

Situation could change if jam in Bosphorus Strait continues as a result of sanctions on Russian seaborne crude, they say

India faces no immediate impact of oil tanker pileup in Turkey: Officials
Updated On : 08 Dec 2022 | 11:24 PM IST

Drone hits Israeli-linked tanker; Iran frees 2 Greek tankers

An oil tanker associated with an Israeli billionaire has been struck by a bomb-carrying drone off the coast of Oman amid heightened tensions with Iran, officials said on Wednesday. Meanwhile, Greece said Iran freed two Greek oil tankers held by Tehran since May. The drone attack on the Liberian-flagged oil tanker Pacific Zircon happened on Tuesday night off the coast of Oman, one Mideast-based defence official told The Associated Press. The official was not authorised to discuss the attack publicly and spoke on condition of anonymity. The Pacific Zircon is operated by Singapore-based Eastern Pacific Shipping, which is a company ultimately owned by Israeli billionaire Idan Ofer. In a statement, Eastern Pacific Shipping said the Pacific Zircon, carrying gas oil, had been hit by a projectile some 150 miles (240 kilometres) off the coast of Oman. We are in communication with the vessel and there is no reports of injuries or pollution. All crew are safe and accounted for, the company

Drone hits Israeli-linked tanker; Iran frees 2 Greek tankers
Updated On : 16 Nov 2022 | 11:39 PM IST

UN Security Council calls for donations to avoid Yemen oil tanker leak

Members of the UN Security Council made an unusual plea to help avoid a "catastrophic ecological, maritime, and humanitarian risk posed by the Safer tanker" off Yemen

UN Security Council calls for donations to avoid Yemen oil tanker leak
Updated On : 13 Sep 2022 | 7:06 AM IST

Yemeni conglomerate puts up $1.2 mn to salvage oil from rotting tanker

"It would be an unimaginable ecological catastrophe," if the Safer were to break up, HSA chief executive

Yemeni conglomerate puts up $1.2 mn to salvage oil from rotting tanker
Updated On : 26 Aug 2022 | 10:56 AM IST

European Union to ban insurance for tankers that carry Russian oil

Ship insurance companies not only cover the physical damage to the hull and machinery of the vessel but also provide protection and indemnity (P&I) against third-party liability

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Updated On : 06 Jun 2022 | 1:19 AM IST

Saudi-led forces receive distress signal from oil tanker off Yemen: Report

The report, on Wednesday, gave no further details but said there were "high-risk indicators" in waters off Hodeidah port on the Red Sea, one of the world's busiest maritime lanes

Saudi-led forces receive distress signal from oil tanker off Yemen: Report
Updated On : 06 Jan 2022 | 1:02 PM IST

Sri Lanka to extend lease of 14 out of 99 oil tanks to India for 50 years

The new agreement will be an extension of the 2002 agreement with the local operators of the Indian Oil Company, LIOC

Sri Lanka to extend lease of 14 out of 99 oil tanks to India for 50 years
Updated On : 31 Dec 2021 | 10:03 PM IST

ICG airlifts S Korean in need of medical attention from oil tanker off Goa

The Indian Coast Guard on Sunday airlifted a South Korean national, who needed urgent medical attention, from an oil tanker ship off the Goa coast to a hospital

ICG airlifts S Korean in need of medical attention from oil tanker off Goa
Updated On : 06 Jun 2021 | 7:44 PM IST

Suez blockage sets shipping rates racing, oil and gas tankers diverted away

Reeling from the blockage in the Suez Canal, shipping rates for oil product tankers have nearly doubled this week, and several vessels were diverted away from the vital waterway

Suez blockage sets shipping rates racing, oil and gas tankers diverted away
Updated On : 26 Mar 2021 | 10:49 AM IST

Covid-19: Unemployed supertankers are about to get junked on Asia's beaches

On Wednesday, daily earnings for supertankers sailing on the benchmark Middle East to China route were -$1,190, according to figures from the Baltic Exchange in London

Covid-19: Unemployed supertankers are about to get junked on Asia's beaches
Updated On : 26 Jan 2021 | 12:05 AM IST

Iran state TV acknowledges it seized South Korean-flagged oil tanker

Iranian state television has acknowledged that Tehran seized a South Korean-flagged oil tanker in the Strait of Hormuz

Iran state TV acknowledges it seized South Korean-flagged oil tanker
Updated On : 04 Jan 2021 | 5:54 PM IST

Second fire on oil tanker off Sri Lankan coast now under control: Navy

The fresh fire on board a giant oil tanker that went up in flames last week off Sri Lanka's eastern waters while carrying crude oil from Kuwait to India is now under control, the Lankan Navy said

Second fire on oil tanker off Sri Lankan coast now under control: Navy
Updated On : 09 Sep 2020 | 3:16 PM IST

Patch of diesel fuel found in ocean near Sri Lanka oil tanker fire

The MT New Diamond is carrying nearly 2 million barrels of crude oil and officials have warned of possible massive environmental damage to Sri Lanka''s coast if the ship leaks or explodes

Patch of diesel fuel found in ocean near Sri Lanka oil tanker fire
Updated On : 08 Sep 2020 | 11:24 PM IST

Fire on supertanker off Sri Lankan coast extinguished: Navy spokesman

The New Diamond is carrying about 2 million barrels of crude oil, although a senior Sri Lankan navy official said on Friday there was no real risk of a spill

Fire on supertanker off Sri Lankan coast extinguished: Navy spokesman
Updated On : 06 Sep 2020 | 8:35 PM IST

In pics: Fire on MT New Diamond under control, Rescue ops by Indian Navy

The explosion on MT New Diamond, a Greek owned vessel, under charter by Indian Oil Corporation took place on September 3 when it was transiting in Sri Lankan exclusive economic zone

In pics: Fire on MT New Diamond under control, Rescue ops by Indian Navy
Updated On : 06 Sep 2020 | 5:11 PM IST

Oil tanker on fire off Sri Lankan coast towed to safety, fire 'localised'

ICG Fast Patrol Vessel Ameya with 1000 litres Oil Spill Dispersants has been deployed to augment pollution response efforts

Oil tanker on fire off Sri Lankan coast towed to safety, fire 'localised'
Updated On : 05 Sep 2020 | 11:17 PM IST

Fire on board oil tanker now under control with India's help: Lankan Navy

The fire on board an oil tanker off Sri Lanka's coast has been brought under control with India's help and it was towed to the deep sea away from land, the Navy said on Saturday

Fire on board oil tanker now under control with India's help: Lankan Navy
Updated On : 05 Sep 2020 | 11:17 AM IST

Sri Lanka tows supertanker ablaze off coast, one crewman presumed dead

The fire was still raging on the New Diamond tanker carrying about 2 million barrels of oil

Sri Lanka tows supertanker ablaze off coast, one crewman presumed dead
Updated On : 04 Sep 2020 | 2:36 PM IST