BIMCO And ASBA Update Oil Tanker Charter Party

BIMCO and ASBA Release Updated ASBATANKVOY Tanker Charter Party Agreement

BIMCO and ASBA have updated ASBATANKVOY, the non-affiliated tanker form, to reflect changes in the industry since 1977. Developed with input from industry leaders, the 2025 edition includes updated provisions and arbitration venues to streamline the chartering process. The revised form aims to enhance legal certainty and reduce the need for additional rider clauses.

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Successful Jet Fuel Transfer from Damaged Stena Tanker After Hull Collision

The successful transfer of jet fuel cargo from the damaged tanker Stena Immaculate has been completed, with preparations underway to bring the vessel into a UK port. The collision with the feeder ship Solong led to a fire, crew abandonment, and one missing crewmember presumed dead. Salvors are stabilizing the situation and conducting clean-up operations.

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Wind-Assisted Propulsion with eSails Installed on Tanker for Emission Reduction

Global chemical tanker operator Odfjell is now using wind-assisted propulsion to reduce emissions. Their first sail installation on the Bow Olympus in Antwerp is being closely monitored for its impact on operations. VP Technology Erik Hjortland stressed the importance of real-time analysis. Odfjell plans to install more sails after validating results.

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Chemical Tanker Boarded In Singapore Strait

Tanker Boarding off Singapore Highlights Rise in Maritime Security Incidents

The Maritime and Port Authority of Singapore (MPA) reported an unauthorized boarding of the Singapore-registered chemical tanker, Basset, outside Singapore territorial waters. One crew member was injured, prompting the vessel to anchor in Singapore waters. The ReCAAP ISC warned of increasing sea robberies in the Singapore Strait, with 21 incidents reported in January and February 2025.

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Disabled Tanker Towed to Marseille After Engine Room Fire

France’s Mediterranean maritime authority successfully towed the disabled product tanker, Kriti Captain, to Marseille after an engine room fire. The Greek-operated tanker, carrying 25,000 tonnes of diesel fuel, docked in Port-la-Nouvelle for offloading and inspection. No injuries were reported, and the vessel’s safe arrival in Marseille marked a crucial step in the salvage operation.

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Tanker Engine Failure Shuts Bosphorus Straight Traffic

Bosphorus Strait Traffic Halted After Tanker Engine Failure Near Istanbul

Traffic in Turkey’s Bosphorus strait was disrupted by an engine failure on a northbound tanker. The Panama-flagged Cordelia Moon, bound for Russia, experienced the malfunction near Yenikoy. An assistance vessel was sent to aid. The incident halted traffic in the critical waterway, impacting global shipping. Efforts are underway to safely resolve the issue.

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