Friday, February 11, 2011

Lemos VLCC Hijacked

The 319,300-dwt Irene SL (built 2004) was snatched on Wednesday morning 350 miles south-east of Muscat after it exited the Persian Gulf. Twenty five crew members are on board, comprising seven Greek nationals, 17 Filipinos and one Georgian.

The statement confirms that the ship is fully laden with Kuwait Export crude oil and was en route from Mina al Ahmadi in Kuwait to the US Gulf. With the tanker capable of holding around two million barrels of crude and with current prices at around $100 a barrel, the cargo alone could be worth $200m.

Source: Tradewinds

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