The vessel owned by an Israeli tycoon sustained some minor damage, with no casualties reported An oil tanker, which belongs to an Israeli billionaire, has been struck by what is suspected to be an Iranian bomb-carrying drone in the Gulf of Oman, The Wall Street Journal reported on Wednesday, citing sources. The attack took place … Read more
Scorpio Tankers (NYSE:STNG) said Wednesday it purchased nearly 137.5K of its common shares on the open market, and exercised a purchase option for an LR2 product tanker that is currently leased. The shares were bought at an average price of $43.27/share as part of the company’s stock buyback program, which has $169.1M remaining. Scorpio (STNG) … Read more
Oil tanker companies specialize in the transportation and storage of crude oil. The business involves firms that own, operate, or lease various types of oil tankers and facilities. Crude tankers transport bulk volumes of unrefined crude oil from oil extraction facilities to oil refineries, while product tankers carry refined products to facilities where they will … Read more
A fiery crash between a tanker truck carrying fuel and a passenger bus has killed at least 18 people in northern Mexico, authorities reported. Prosecutors in the northern border state of Tamaulipas said the crash on Saturday might have been caused by one of the truck’s two tank trailers coming lose. The collision left both … Read more
GOOSE CREEK, S.C. (WCSC) – Coast Guard officials say a preliminary investigation into a tanker crash at the Naval Weapons Station indicates there was no damage to the cargo tanks and no pollution in the water. Crews say the crash happened Monday at approximately 5 p.m. when an oil and chemical tanker called the Bow … Read more
A “major incident” was declared in Gibraltar on Wednesday after the OS 35 cargo ship collided with a liquefied natural gas carrier the day before, according to the government. The cargo ship, which is carrying 215 tonnes of heavy fuel oil, 250 tonnes of diesel fuel and 27 tonnes of lube oil, was beached to … Read more
The vessel, Affinity V, had been blocking the southern section of the canal, two navigational sources said, but SCA sources said shortly after midnight local time that traffic had returned to normal. The incident occurred in the same southern, single-lane stretch of the canal where a giant cargo ship, the Ever Given, ran aground for … Read more
An oil tanker ran aground in Egypt’s Suez Canal, briefly blocking the global waterway before it was freed, the canal’s authority said. The Singaporean-flagged Affinity V vessel had become wedged in a single-lane stretch of the canal Wednesday, the Suez Canal Authority’s head Osama Rabie said in a statement issued by the body. He said … Read more
A bulk carrier that collided with an LNG tanker off Gibraltar started leaking fuel oil, authorities in the British overseas territory on the southern tip of the Iberian peninsula said on Wednesday. The collision on Tuesday forced the closure of the Gibraltar port for four hours. It was later fully reopened. The hull of the … Read more
This aerial photo shows Belize-registered cargo ship Xin Hai 99 after a collision off of Kushimoto, Wakayama prefecture in southwestern Japan on Saturday. Kyodo News via AP hide caption toggle caption Kyodo News via AP This aerial photo shows Belize-registered cargo ship Xin Hai 99 after a collision off of Kushimoto, Wakayama prefecture in southwestern … Read more