Oil Tanker explosion leaves five seafarers dead and 15 injured in blaze
BALI : A domestic Indonesian tanker ‘Elisabet Satu‘,caught fire off the resort island of Bali around 3 am local time on 7 August, killing five crewmen and injuring 15 more. Indonesian police said that
Middle East Crisis: What could be the impact on the tanker market?
NEW YORK : Middle East tensions and a threat of war escalating is definitely on the cards, after recent events. But, unlike recent examples, it seems that this time around oil prices aren’t going
Iran’s revolutionary guards seize tanker in Gulf, arrest crew
TEHRAN : Iran’s Islamic Revolutionary Guard Corps have seized a Togo-flagged oil tanker in the Gulf and arrested its nine-person crew over alleged fuel smuggling, the military force said on its Sepahnews website. “On
India’s July edible oil imports to surge to record on robust palm buying, sources say
NEW DELHI : India bought a record amount of edible oils for July delivery, as refiners increased palm oil and soyoil purchases due to lucrative prices and ahead of an anticipated hike in import
DPA taking all steps to reduce the cost of logistics in the country
GANDHIDHAM : Deendayal Port Authority (DPA), is pleased to announce rebates and concessions on Vessel Related Charges (VRC) for vessels discharging or loading Coastal or Foreign consignments of Coal or Coke at the dry
Session 1 of TMS Tanker conference taking shape
DUBAI : The 9th annual The Maritime Standard Tanker Conference will be held on Thursday November 7th at the prestigious Atlantis, the Palm, Dubai. The theme of this year’s conference is Sustainable tanker shipping:
Drewry: Multipurpose Time Charter Index expected to increase further in July
LONDON : The Drewry Multipurpose Time Charter Index tracks one-year period charter rates across a basket of vessel types and sizes and forecasts the market movement over the coming month. The vessel types include
Tanker Captain missing amid illegal oil transfer allegations : Trial Postponed
BATAM : The trial in the Indonesian district court of Batam has been delayed as the accused, a captain of the tanker, went missing. Allegedly, the tanker was involved in an illegal ship-to-ship transfer