Saturday, 19 July 2025
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Two oil tankers collide and catch fire near Strait of Hormuz
Tuesday, 17 June 2025 23:07 WIB | ECONOMY |Ekonomi Global

Two oil tankers collided and caught fire on Tuesday near the Strait of Hormuz, where electronic interference has surged during conflict between Iran and Israel, but there were no injuries to crew or spillage reported.

With Iran and Israel firing missiles at each other since Friday, interference has disrupted navigation systems near the vital sea route between Iran and Oman which handles about a fifth of the world's oil.

The United Arab Emirates coast guard said it had evacuated 24 people from one of the ships, Adalynn, to Khor Fakkan port after the crash 24 nautical miles off its eastern coast.

Personnel on the second tanker, the Front Eagle, were reported safe with no pollution seen after a fire on its deck, according to its owner, the Oslo-listed company Frontline (NYSE:FRO).

Frontline later told Reuters the incident would be investigated, but there was no suggestion of outside interference.

The Front Eagle was loaded with 2 million barrels of Iraqi crude oil and was en route to Zhoushan in China, according to monitoring service TankerTrackers.com.

The Adalynn, a Suezmax-class tanker owned by India-based Global Shipping Holding Ltd, had no cargo and was sailing towards the Suez Canal in Egypt, the monitoring service said.

TankerTrackers.com said on X that the Front Eagle was moving southbound at a speed of 13.1 knots when it "executed a starboard (right) turn, resulting in a collision with the port quarter (aft port side)" of the Adalynn, which was proceeding southeast at 4.8 knots.

The Strait of Hormuz links the Gulf to the northwest with the Gulf of Oman to the southeast and the Arabian Sea beyond.

Between the start of 2022 and last month, roughly 17.8 million to 20.8 million barrels of crude, condensate and fuels flowed through daily, according to data from Vortexa.

The multinational, U.S.-led Combined Maritime Force's JMIC information centre said in an advisory this week that it had received reports of electronic interference stemming from the vicinity of Iran's Port of Bandar Abbas (in Iran) and other areas in the Gulf region.

Tehran has in the past threatened to close the strait to traffic in retaliation for Western pressure.

Iran has not commented about Tuesday's collision or reports of electronic interference. There was no immediate response to a Reuters request for comment from the Emirati foreign ministry or Khor Fakkan container terminal early on Tuesday.

Source: Investing.com

RELATED NEWS
Trump threatens tariffs on BRICS nations, vows to protect dollar...
Saturday, 19 July 2025 03:52 WIB

Former U.S. President Donald Trump threatened to impose tariffs on members of the BRICS group of nations on Friday, warning the alliance would quickly collapse if it ever becomes a significant economi...

Waller says he's willing to lead Fed if Trump asks, but no contact so far...
Saturday, 19 July 2025 02:16 WIB

Federal Reserve Governor Chris Waller, an advocate for an immediate interest rate cut, said on Friday he would accept the job as head of the U.S. central bank if asked by President Donald Trump, but s...

Fed's rate-cut delay intact as inflation fears override Trump pressure...
Friday, 18 July 2025 23:28 WIB

The case for a U.S. interest rate cut remains unresolved as Federal Reserve officials head into their policy meeting later this month, with data showing fresh signs of higher inflation and President D...

Fed's Waller Says Private-Sector Job Worries Drive Rate-Cut Call ...
Friday, 18 July 2025 19:49 WIB

Federal Reserve Governor Christopher Waller said concerns about private-sector hiring have fueled his call for the central bank to cut interest rates this month. "The private sector is not performing ...

Powell's Letter Responds to White House Criticism of Fed Renovations ...
Friday, 18 July 2025 19:24 WIB

Federal Reserve Chairman Jerome Powell, in a letter on Thursday, rebutted criticism leveled at the central bank by a top White House official regarding the $2.5 billion renovation project. "We take se...

LATEST NEWS
Trump threatens tariffs on BRICS nations, vows to protect dollar

Former U.S. President Donald Trump threatened to impose tariffs on members of the BRICS group of nations on Friday, warning the alliance would quickly collapse if it ever becomes a significant economic force. "When I heard about this group from...

US Stocks Mostly Flat as Trump Pushes EU Tariffs

Stocks in the US closed near the flatline on Friday as investors weighed President Trump's push for higher tariffs on the European Union against strong economic data and corporate earnings. The S&P 500 and Nasdaq 100 finished mostly muted near...

Waller says he's willing to lead Fed if Trump asks, but no contact so far

Federal Reserve Governor Chris Waller, an advocate for an immediate interest rate cut, said on Friday he would accept the job as head of the U.S. central bank if asked by President Donald Trump, but so far Trump has not contacted him about it. "In...

POPULAR NEWS
US annual PPI inflation weakened to 2.3% in June, compared to the 2.5% forecast.
Wednesday, 16 July 2025 19:45 WIB

The Producer Price Index (PPI) for final demand in the US rose 2.3% annually in June, according to data published by the US Bureau of Labor...

Fed's Logan says her base case calls for holding rates steady a while longer
Wednesday, 16 July 2025 07:43 WIB

The U.S. central bank will probably need to leave interest rates where they are for a while longer to ensure inflation stays low in the face of...

US Weekly Jobless Claims Fall 7,000 to 221,000; Estimated 233,000
Thursday, 17 July 2025 20:13 WIB

Unemployment claims fell 7,000 to 221,000 in the week ending July 12, compared with the median estimate of 233,000, according to Labor Department...

Trump sets 19% tariff on Indonesia goods in latest deal, EU readies retaliation
Wednesday, 16 July 2025 04:43 WIB

President Donald Trump on Tuesday said the U.S. would impose a 19% tariff on goods from Indonesia under a new agreement with the Southeast Asian...