[ad_1]
Indonesian salvage groups have managed to free a shadow tanker that grounded within the Singapore Strait west of Batam.
The 23-year-old, Cameroon-flagged
Liberty
A complete of 5 tugboats have been used to maneuver the ship from its grounded place. Vessel monitoring knowledge reveals the ship is just not shifting in the meanwhile, suggesting it’s being assessed for repairs.
Remarkably, that is the second time this ship has grounded within the area of 14 months.
Southeast Asia – a serious crossroads for worldwide tanker trades – has seen its justifiable share of darkish fleet mishaps lately.
The 26-year-old Turba aframax, additionally flagged in Cameroon, misplaced energy and was adrift off Indonesia for quite a few days in October.
There was additionally the explosion of the Pablo aframax in Might in Malaysian waters and the grounding of the VLCC Younger Yang final 12 months.
There have been a minimum of eight groundings, collisions or close to misses involving tankers carrying sanctioned oil merchandise in 2022 – the identical quantity as within the earlier three years, in keeping with insurance coverage agency Allianz.
Tankers nonetheless working above 20 years of age made up simply 1% of the worldwide tanker fleet pre-covid and have been nonetheless a rarity at 3% earlier than the invasion of Ukraine in late February final 12 months. They’re now on monitor to make up 11% of all tanker demand by mid-2025, in keeping with knowledge from brokers Braemar.
Analysts at Vortexa issued a brand new report this week displaying that tankers working in opaque markets reached a report excessive in Q2 and have since declined.
[ad_2]
Source link
