• 3 minutes "Biden Is Running U.S. Energy Security Into The Ground" by Irina Slav
  • 6 minutes How Far Have We Really Gotten With Alternative Energy
  • 9 minutes "How to Calculate Your Individual ESG Score to ensure that your Digital ID 'benefits' and money are accessible"
  • 1 day GREEN NEW DEAL = BLIZZARD OF LIES
  • 7 days 87,000 new IRS agents, higher taxes, and a massive green energy slush fund... "Here Are The Winners And Losers In The 'Inflation Reduction Act'"-ZeroHedge
  • 5 days Energy Armageddon
  • 3 days "Natural Gas Price Fundamental Daily Forecast – Grinding Toward Summer Highs Despite Huge Short Interest" by James Hyerczyk & REUTERS on NatGas
  • 20 hours "Forget Oil, The Real Crisis Is Diesel Inventories: The US Has Just 25 Days Left" by Zero Hedge - 5 Stars *****
  • 1 day "The Global Digital ID Prison" by James Corbett of CorbettReport.com
  • 39 mins Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 24 hours "Europe’s Energy Crisis Has Ended Its Era Of Abundance" by Irina Slav
  • 1 day The Federal Reserve and Money...Aspects which are not widely known
  • 3 days Is Europe heading for winter of discontent with extensive gas shortages?
  • 11 days Wind droughts
  • 2 days Goldman Betting on Cryptocurrencies
  • 10 days Putin and Xi Bet on the Global South
Tap Oil Fields, Not Our Emergency Reserves, To Lower Energy Prices

Tap Oil Fields, Not Our Emergency Reserves, To Lower Energy Prices

America’s Strategic Petroleum Reserve has…

Scandanavia Is Leading The Green Energy Revolution

Scandanavia Is Leading The Green Energy Revolution

Sweden, Denmark, and Finland are…

ZeroHedge

ZeroHedge

The leading economics blog online covering financial issues, geopolitics and trading.

More Info

Premium Content

Tanker With 19 On Board Disappears In Pirate-Infested Waters Off Africa

A tanker with 19 crew members on board is feared to have been hijacked after it went missing in pirate-plagued waters off Gabon in West Africa and no word has been heard from it for a week, the ship’s managers and the crew agency said on Wednesday.

Communication was lost with the Panama-registered Pantelena at about 2 a.m. local time on Aug. 14, at which time it was about 17 miles from the port of Libreville, in Gabon, Athens-based Lotus Shipping said in a statement.

(Click to enlarge)

According to Reuters, the head of the Georgian crew agency Ialkani, Anzhela Oganesyan, said two Russian nationals and 17 Georgians were aboard the tanker. She said she had no news so far about the vessel’s fate. Lotus gave no further details on the cargo and crew, and did not say if it believed the Pantelena had been hijacked by pirates. The vessel is a dual purpose oil or chemicals tanker.

“We at Lotus Shipping, acting on behalf of the vessel’s owners...have set as our first and foremost priority to safeguard the safety of the crew and with their interest in mind we cannot provide any additional media comments at this point in time,” it said.

Related: This Vital Oil And Gas Choke Point Could Be At Risk

The Pantelena was on route from Lome to Libreville and was last seen nearing the Gabon coast at 9 p.m. on Aug. 13, according to ship tracking data on Reuters, which lists the ship as a double-hulled oil tanker managed by Lotus.

The Gulf of Guinea has become an increasing target for pirates who steal cargo and demand ransoms. Piracy-related issues were a decade ago focused off the East African coast, particularly Somalia’s unpoliced waters.

Ships in the Gulf of Guinea were the target of a series of piracy-related incidents last year, according to a report in January by the International Maritime Bureau (IMB), which highlighted the waters off West Africa as an area of growing concern.

Ten incidents of kidnapping involving 65 crew members took place in or around Nigerian waters, the IMB said. Globally 16 vessels reported being fired upon, seven of which were in the Gulf of Guinea.

By Zerohedge.com

More Top Reads From Oilprice.com:


Download The Free Oilprice App Today

Back to homepage





Leave a comment
  • Dan on August 22 2018 said:
    Since all boats have GPS, black boxes and crew with smartphones, logical?
  • Richard Frey on August 23 2018 said:
    Ocean Shipping Companies are like the Large Sheep Owner who complains about Wolves killing his Flock but refuses to buy his Shepard a Shotgun.........

Leave a comment




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News