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Iran: British-flagged Tanker Seized in Gulf

File Image of the Stena Impero (CREDIT: MarineTraffic.com / © Erwin Willemse

Iran's Revolutionary Guards said on Friday they had captured a British-flagged oil tanker in the Gulf after Britain seized an Iranian vessel earlier this month, further raising tensions along a vital international oil shipping route.Britain said it was urgently seeking information about the Stena Impero after the tanker,

IMO Condemns Tanker Attacks in Gulf

Pic: International Maritime Organization (IMO)

The Council of the International Maritime Organization (IMO) has condemned recent attacks on commercial shipping in the Strait of Hormuz and Sea of Oman.The Council  of the UN body expressed its concern over the grave danger to life and the serious risks to navigational safety and the environment to which such incidents may give rise.

US DOS: Iran Must Release Seized Ship, Crew

The VLCC Riah, thought by stakeholders to be the seized vessel held by Iran. CREDIT: MarineTraffic.com / © Marinko

Iran must immediately release a vessel it seized in the Gulf and its crew, a U.S. State Department spokesperson said on Thursday."The United States strongly condemns the Islamic Revolutionary Guard Corps Navy’s continued harassment of vessels and interference with safe passage in and around the Strait of Hormuz,

Revolutionary Guards Seize Oil Tanker in Gulf

Iran has seized a foreign tanker smuggling fuel in the Gulf, state television quoted Iran's Revolutionary Guards as saying on Thursday."A foreign vessel smuggling one million litres of fuel in the Larak Island of the Persian Gulf has been seized," the station said, adding that the ship was seized on Sunday.

Vinci Bags $306mln LNG-Tank Contract in Canada

Pic: Vinci Construction

European contractor Vinci Construction has been awarded  contract to build a 225,000 m3 liquefied natural gas (LNG) tank in Canada.The Joint Venture composed of Entrepose Contracting and Vinci Construction Grands Projets, said in a release that the contract, which covers the engineering, procurement and construction (EPC) of the tank,

EEDI Phase 3 Compliance for Bulkers, Tankers Looming

© alexyz3d / Adobe Stock

Global shipping remains challenged as the IMO continues down its path of setting ambitious decarbonization targets by 2030 and 2050.The Energy Efficiency Design Index (EEDI), a key component of the IMO's plan to reduce greenhouse gas emissions, sets minimum energy efficiency design requirements for different ship types and sizes.

UK PM to Discuss Grace 1 Tanker with Gibraltar

Grace 1 Credit MarineTrafficDotCom.jpg

British Prime Minister Theresa May will meet with Gibraltar's Chief Minister Fabian Picardo later on Wednesday to discuss the detained Iranian oil tanker Grace 1, a spokesman for May said.The tanker was seized earlier this month by British Royal Marines off the coast of the British Mediterranean territory

U.S. Unsure About Details of Tanker Towed to Iran

The Tanker riah (File Image: CREDIT MarineTraffic.com / © Marinko)

U.S. officials say they are unsure whether an oil tanker towed into Iranian waters was seized by Iran or rescued after facing mechanical faults as Tehran asserts, creating a mystery at sea at a time of high tension in the Gulf.The MT Riah disappeared from ship tracking maps when its transponder was switched off in the Strait of Hormuz on July 14.

W. Africa Crude Traders Await Sept Programs

File Image: AdobeStock / © Jose Gill

Some August-loading Angolan cargoes cleared but trading was slow on Monday as new programs were expected to emerge this week.The preliminary Angolan loading program for September is expected to emerge on Tuesday. New Nigerian programs are expected at the end of the week.BP's August-loading cargo of Girassol,

INTERTANKO Director Visits EU NAVFOR

 Photo: EU NAVFOR

Operation Atalanta Operation Headquarters (OHQ) welcomed a visit from Phillip Belcher, Marine Director at the International Association of Independent Tanker Owners (INTERTANKO), as part of key EU NAVFOR relations with the shipping industry at a strategic level.Operation Atalanta, formally European Union Naval Force (EU NAVFOR) Somalia,

Iran Calls For UK to Release Seized VLCC

The 'Grace 1' - the seived VLCC in a file image. CREDIT: MarineTraffic.com

Iran called on Britain to immediately release its oil tanker which British Royal Marines seized last week on suspicion that it was breaking European sanctions by taking oil to Syria, Foreign Ministry spokesman Abbas Mousavi told state news agency IRNA."This is a dangerous game and has consequences .

U.S. Oil Makes it to Ukraine, a blow to Moscow

© RealPhotoItaly/Adobe Stock

U.S. crude exports are gaining traction in Europe as even Ukraine turns into a significant consumer of American barrels at the expense of Russian supplies amid heightened U.S. political pressure on Moscow and problems over contaminated Russian oil.Ukraine this month received its first ever barrels from the United States,

Gibraltar Claims Decision to Detain Iranian Tanker

© Josemaria Toscano/Adobe Stock

Gibraltar said its action last week to detain Iranian tanker Grace 1 was a decision it took on its own and not at the behest of any other state or third party, the territory's chief minister said on Friday."All relevant decisions in respect of this matter were taken only as a direct result

SHI Bags $125mln Order for 2 Crude Carriers

Image: Samsung Heavy Industries Co

South Korean shipbuilder Samsung Heavy Industries Co (SHI) said  that it has clinched a deal worth 147 billion won (US$124 million) to build two crude carriers.According to a press note from the shipbuilder, as per the deal with an un-named Panamanian shipping firm, SHI will deliver the two Suezmax tankers by March 2021.

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