G E Shipping surges on contracting to sell 2007 built Medium Range Tanker

[ad_1] Mumbai, April 6 (Udaipur Kiran): The Great Eastern Shipping Company is currently trading at Rs. 1467.45, up by 29.25 points or 2.03% from its previous closing of Rs. 1438.20 on the BSE. The scrip opened at Rs. 1432.20 and has touched a high and low of Rs. 1500.00 and Rs. 1432.20 respectively. So far […]

Iran strikes fully loaded Kuwaiti oil tanker at Dubai port; spill risk flagged

[ad_1] Iran struck a fully loaded crude oil tanker anchored off Dubai’s port on Monday, setting it on fire and damaging its hull, Kuwait’s state news agency reported, citing Kuwait Petroleum Corp. The company also warned of a possible oil spill. The incident appears to be the latest in a series of attacks on commercial […]

Confirmed, deleted, then clarified: US shifts stance on navy ‘escorting’ oil tanker in Strait of Hormuz

[ad_1] Confirmed, deleted, and then clarified. After Donald Trump‘s aide claimed in a boastful tone that the American navy had “successfully escorted” an oil tanker through the troubled Strait of Hormuz, the post was quickly deleted. The White House later clarified that the United States had not escorted any oil tanker through the key waterway, […]

US Navy has not escorted a tanker through Strait of Hormuz but…: White House clarifies energy secretary’s deleted post

[ad_1] White House spokesperson Karoline Leavitt Tuesday clarified that US Navy did not escort a tanker through the Strait of Hormuz at this time but added that it remains an option that the president will utilize if and when necessary. Hours before Leavitt’s press conference, US energy secretary Chris Wright claimed that the US military […]

Russian shadow fleet LNG tanker sinks after ‘sudden explosions’ off Libya coast

[ad_1] A Russian liquefied natural gas (LNG) carrier, the Arctic Metagaz, has sunk in the central Mediterranean between Libya and Malta after a “sudden explosion” triggered a massive blaze on board, Libya’s ports and maritime transport authority said on Wednesday.They added that all 30 crew members were rescued in nearby Libyan waters.Libya’s ports and maritime […]

French navy boards, searches tanker ‘from Russia’ in Mediterranean, says Emmanuel Macron

[ad_1] French navy boarded and searched a “Russian oil tanker” in Mediterranean, President Emmanuel Macron informed on Thursday, adding that the nation would not tolerate “any violation”. He added that the tanker was “subject to international sanctions” and was “suspected of flying a false flag”.“We will not tolerate any violation. This morning, the French Navy […]

‘Owning the sea’: Moment US forces intercepted sanctioned oil tanker in Caribbean Sea – watch

[ad_1] The United States has intercepted and seized another sanctioned oil tanker at sea, escalating its enforcement campaign against so-called “ghost fleet” vessels accused of moving embargoed crude and drawing sharp criticism from Moscow. This was the fifth such interception under Trump’s administration aim to control the distribution of Venezuela’s oil products.The latest operation, carried […]

‘Our gratitude’: Moscow says US to release two Russian crew members from seized oil tanker; move after request to Trump

[ad_1] The Russian-flagged tanker was seized on Wednesday Russia announced on Friday that the United States will release two Russian crew members from a Russian-flagged oil tanker seized by US forces in the Atlantic Ocean two days ago.“In response to our request, US President Donald Trump has decided to release two Russian citizens aboard the […]

Oil tanker row: Moscow condemns US seizure of Russian-flagged vessel; cites violation of maritime law

[ad_1] Moscow condemns US seizure of Russian-flagged vessel Russia on Wednesday strongly condemned the seizure of a Russian-flagged oil tanker by US military forces, asserting that Washington had no legal right to use force against a vessel lawfully registered under another country’s jurisdiction on the high seas.In a statement issued on Telegram, Russia’s ministry of […]

‘To protect national interests’: Iran seizes oil tanker in Strait of Hormuz; claims ship was carrying ‘illegal consignment’

[ad_1] Iran on Saturday confirmed seizing a Marshall Islands–flagged oil tanker as the ship passed through the Strait of Hormuz, with the Islamic Revolutionary Guard Corps (IRGC) alleging the vessel was carrying an “illegal consignment.” A statement carried by the official IRNA news agency noted that “the tanker was taken to Iranian waters.” The IRGC […]