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Wednesday, October 17, 2018

No. 51/2003




Seasons Greetings

1Whether you celebrate Christmas or New Year, Hogmanay or Epiphany, the INTERTANKO secretariat wishes you a good holiday season. The Weekly NEWS will not be published over the holiday fortnight. The first issue of the New Year will be published on Friday, 9 January 2004 . ... More


Clarification on halons ban in the European Union

We have received a number of enquiries regarding the exact nature of the ban on systems using halons and the exemptions for existing cargo vessels using halon-based fire-fighting systems. A summary of the consequences of the ban is given.... More


Development of regulations to support the Canada Shipping Act 2001

On 16 December 2003 the Canadian Coast Guard issued a Press Release giving an update on the Canada Shipping Act Regulatory Reform. Regulations are now being developed to support the new Act and public consultation is solicited.... More


INTERTANKO calls for input to Houston/Galveston Navigation Safety Advisory Committee (HOGANSAC) Deep Draft Entry Facilitation Work Group

The Group is still interested in receiving data from the industry on any vessels that have been boarded three or more times between 1 October 2002 and 30 September 2003 in the Houston-Galveston-Texas City area.... More



INTERTANKO’s Tanker Transportation Seminar in Moscow re-scheduled to May... More


The modern VLCC segment

The modern VLCC segment Johan G. Olsen’s latest VLCC fleet list shows that out of a total of 431 existing VLCCs (including 2 combos), oil majors or state-owned companies own 123. In addition they control 99 tankers on period employment to 2005 and beyond. This means that independent owners own 71% of the VLCC fleet but only control 48% of it. Of the total of 68 newbuilding VLCCs on order,...... More


A Guide to the Vetting Process, 5th edition – Have you ordered copies for your fleet?

Tankers are routinely inspected by the oil companies whose cargoes they carry, by their insurers, and by officials of the countries they are visiting and of the countries whose flags they fly. INTERTANKO recommends that a copy of its Vetting Guide be placed onboard each vessel and in shore offices to assist tanker crews and personnel ashore to better understand, and to be better prepared, for vetting inspections.... More


Worldscale – A Tanker Chartering Tool

This publication explains how the Worldscale system works. It will be essential reading to anyone new to the chartering departments of the shipping and oil companies, as well as for traders and shipbrokers. People who have been in the business for many years will also benefit from the comprehensive treatment of the issues and are certain to come across things that they did not know or comments that will be valuable in their chartering practice... More


Lack of transparency key to tanker industry’s bad image, say journalists.

Mainstream journalists assembled for lunch in INTERTANKO’s London office say that the tanker operator should stand up and be counted in times of crisis.... More



Lloyd’s List, 16 December 2003 - TG —a vacuum-flask tanker for all seasons Lloyd’s List, 16 December 2003 – Nikos goes it alone Lloyd’s List, 16 December 2003 – Custody transfer sampling to the rescue Fairplay Daily News , 16 December 2003 - Panama placates Japanese owners Lloyd’s List, 18 December 2003 – Change of course Fairplay International Shipping Weekly, 18 Dec 2003 – Breaking point ... More