INTERNATIONAL An oil tanker traffic jam is forming in Turkey following the introduction of a cap on the price of Russian crude, the Financial Times reported on Monday. Four oil industry executives told the Financial Times that Turkey has demanded new proof of full insurance coverage for vessels crossing the Bosphorus and Dardanelles straits. A price cap on Russian oil agreed upon by the EU, G7, and Australia came into […]
INTERNATIONAL Tehran, Iran – Iran has freed a Vietnamese oil tanker that it had seized for trying to “steal” its oil in late October following a confrontation with the United States Navy in the Sea of Oman. The Islamic Revolutionary Guard Corps (IRGC) in a statement on Wednesday confirmed that the Sothys was freed, but made no mention of its crew or cargo. Based on satellite imagery, TankerTrackers, which reports shipments and […]
An oil tanker off Saudi Arabia’s port city of Jeddah has been hit by an unidentified “external source” that caused a fire and an explosion, a shipping company said, suggesting another vessel has come under attack off the kingdom amid its years-long war in Yemen. In a statement on Monday, shipping company Hafnia said all 22 sailors on board the Singapore-flagged BW Rhine escaped without injury. The company warned it […]
VOC became the first Muslim radio station in South Africa when a special events license was granted to the station in Ramadan/January 1995. Subsequent temporary broadcast licenses were granted, permitting the station to broadcast for 24 hours.
