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Tuesday, November 20, 2018

No. 21/2003




Invitation to Open House during Nor-Shipping 2003

INTERTANKO is again pleased to invite all members, associate members and friends who may find themselves in Oslo on 3 June 2003 to an Open House at INTERTANKO’s Head Office... More


Register for INTERTANKO’s Vetting Seminar Oslo 2 June 2003

Held at the Norwegian Shipowner’s Association the topics will cover - An Update and Overview of SIRE, Structural Assessment & CAP, Oil Major Requirements and An Update of Statoil Vetting Requirements. The full programme with speakers can be viewed on our web site.... More


USCG suspends Notification of Arrival in US Ports

Effective 22 May 2003, the US Coast Guard is suspending the Notification of Arrival requirement to electronically submit cargo manifest information (Customs Form 1302) to Customs and Border Protection... More


INTERTANKO at the Oil Pollution 2003 conference in London

Dragos Rauta spoke at the Oil Pollution 2003 conference in London, 20 May - 22 May 2003, on Ensuring Tanker Safety. A copy of his presentation can be viewed on INTERTANKO’s web site.... More


Richard du Moulin heads for New York - record in sight

"We're very, very close in the challenge for the record," said Richard du Moulin, Chairman of INTERTANKO's North American Panel, in an email from the boat yesterday, transmitted via satellite. Yesterday the 53-foot trimaran was south of Bermuda and 1,230 miles from New York as the crew plotted their route through three storm systems blocking their path. ... More


BUNKER ALERTS: High potassium fuels in Honolulu, Hawaii

In DNVPS’ ongoing research, it has been found that the Ash and Elements contents of bunkers in some cases do not correlate, indicating the presence of elements not usually present in marine fuels. In this regard, DNVPS has observed that a high percentage of fuels ex. Honolulu contain Potassium at levels as high as 186 mg/kg and averaging 90 mg/kg. Even at the maximum level detected, these fuels...... More


It will likely take months, not weeks, to return inventories to normal levels – EIA

EIA reports that although the origins of weekly crude oil imports are preliminary and thus not published, it appears that only one small shipment of Iraqi crude oil arrived during the week ending May 16.... More


Russia exports 95% of its crude oil to Europe and other neighbours - INTERFAX

Only 5.5% or 0.2 mbd of Russian crude oil exports goes to non-European and non-Former Soviet Union countries, the biggest receivers being Israel, China, USA, Iran and India. ... More


Strong crude oil imports to Japan 1Q03 - PAJ

The Petroleum Association of Japan (PAJ) reports that Japanese crude oil imports during the 1st quarter of 2003 were 4.96 mbd, the highest for the first quarter since 1997 and up 14% compared to 1Q02. ... More


VLCC transits through the Suez Canal increasing - Suez Canal Authority

The Suez Canal Authority reports that the number of tanker transits through the Suez Canal is a good indicator of the tightness in the tanker market. ... More


Half the work on Baku-Tbilisi-Ceyhan pipeline to be completed by end 2003 – INTERFAX

The INTERFAX Petroleum Report states that by the end of this year 50% of the work will have been completed for the construction of the Baku-Tbilisi-Ceyhan pipeline, according to Natik Aliyev, president of the State Oil Company of the Azerbaijani Republic (SOCAR). ... More


Lower oil stocks here to stay? - IEA

According to the IEA monthly Oil Market Report 13 May 2003, primary oil consumers may have changed their crude oil buying pattern to hold lower amounts of stocks. It is not just the oil prices and volatility that are inversely related to oil stock levels, but also the forward market IEA say.... More



TradeWinds, 16 May 2003 - Pollution payout limit agreed Lloyd’s List, 19 May 2003 - IMO agrees oil spill damages protocol ' Lloyd’s List, 19 May 2003 - Updating the varied world of V.Ships Singapore Shipping Times, 21 May 2003 - Higher compensation soon for victims of oil tanker pollution Fairplay Weekly, 22 May 2003 -  More questions than answers Fairplay Weekly, 22 May 2003 - EMSA to play a...... More