Loss Prevention Advice
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Global crude oil and oil products shipments taking the long route between Asia, the Middle East and the West is up 47% since attacks began on vessels using the shorter Red Sea route, the Energy Information Administration said on Tuesday.
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The latest version of the internationally recognised standard for marine fuel specification, ISO 8217, has been released by the International Organization for Standardization (ISO). This seventh edition, ISO 8217:2024, is one of the most significant revisions to date, featuring substantial updates to grades and parameters, new terminology for bio products, and the addition of two tables to categorise residual marine fuels. These tables distinguish between fuels with sulphur content up to 0.5% (predominantly VLSFO) and those above 0.5%, as well as a table for bio-residual marine fuels.
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An incident of an attack occurring approximately 66 nautical miles southwest of Al Hudaydah, Yemen.
The incident involved a vessel being struck on its stern by a small craft. According to reports, the small craft is described as white in color and measuring between 5 to 7 meters in length. Authorities have initiated an investigation into the matter.
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On 10th June a fire erupted on a Turkish-owned cargo ship, Yaf Horizon, while it was docked at the port of Haifa, leading to a significant emergency response.
As explained, the Yaf Horizon had arrived from Russia on June 9, carrying iron or steel, and was moored at Israel Shipyards in Haifa’s Kishon district.