A fire broke out on a Panama-flagged supertanker carrying about 2 million barrels of oil in the Indian Ocean off the east coast of Sri Lanka. One of its 23 crew is missing and presumed dead.
The vessel’s commercial and safety manager is Greece-based New Shipping Ltd, which has a fleet of 32 oil tankers and bulk carriers under its care, according to data from Equasis.org, a shipping transparency website.
The fully-laden vessel was carrying about 2 million barrels (around 270,000 tonnes) of Kuwait oil valued at roughly $90 million to the Paradip refinery on India’s east coast when fire broke out in the engine on September 3.
In 1992, the United Nations shipping agency, the International Maritime Organization (IMO), mandated that all tankers of 5,000 dwt and more be fitted with double hulls to reduce the likelihood of leaks following the Exxon Valdez oil spill disaster in Alaska in 1989.