Burning Tanker Sanchi Drifting in Japanese Ecomonic Zone - Chinese Rejected Help

Iran NITC tanker in East China Sea collision covered by IG P&I reinsurance- IG member

An Iranian crude oil tanker, Sanchi, collided with Chinese freighter CF Crystal during the weekend.

Hard weather and sea conditions have hampered search efforts in recent days with only one body recovered - that of an Iranian national that Sanchi'sowners National Iranian Tanker Company (NITC) believe to be one of the vessel's crew.

The ship, which has been ablaze for nearly a week since the collision on January 6, is now about 286 kilometers northwest of the Japanese island of Amami Oshima, part of the Ryukyu chain that includes Okinawa, the coast guard said.

Firefighting operations were suspended on Wednesday (10 January), after an explosion rocked the vessel.

The extent of the environmental harm and size of the oil spill from the ship were not known, but the disaster has the potential to be the worst since 1991 when 260,000 tonnes of oil leaked off the Angolan coast.

A statement concerning the incident from China's Ministry of Transport said it "continued to organise full search and rescue work on site" and "continued the non-stop search for crew" who have been listed as missing since Sanchi collided with bulk carrier CF Crystal on 6 January and burst into flame.

The Panama-registered tanker was sailing from Iran to South Korea, carrying 136,000 tonnes of condensate, an ultra-light and highly volatile crude.

Alshon Jeffery projected as Eagles' top receiving target against Falcons
Eagles fans are hoping they get the good Foles and not the bad Foles, but they are preparing for a lot of bad Foles. And he will be under center on Saturday against the Falcons . "That's huge", said tight end Levine Toilolo.

Sainz takes first Dakar stage win
The other Indian left in the rally, Hero MotoSports' CS Santosh, climbed up five places to be placed 51st after the fifth stage. With consistent progress, Sherco TVS rider Joan Pedrero said, "I am very happy to be back on track in Bolivian territory".

China's trade growth cools in December
That compares with a 3.7% on-year decline recorded in 2016, data from the General Administration of Customs showed. As a result, the trade surplus rose to $54.69 billion in December, while it was forecast to fall to $37.4 billion.

"We believe flames would last for two weeks or a month considering previous cases of oil tank accidents", said Park Sung-dong, an official at the ministry.

The crew of the Sanchi are all Iranian nationals except for two Bangladeshi citizens.

China's transport ministry warned that toxic gas from the tanker was harmful to the rescue workers and that protective clothing and gas testing equipment was being dispatched to the emergency teams.

Trying to contain a spill of condensate, which is extremely low in density, highly toxic and much more explosive than normal crude oil, may be hard. The Chinese transport ministry's announcement came after Iran's oil ministry news service Shana reported Monday that "it is unlikely that it [the tanker] will sink", though it mentioned that the tanker was still burning and was considered to be "at risk of exploding". There was no further word about 31 other sailors missing since in the East China Sea late Saturday.

The U.S. Navy joined the search and rescue efforts on Sunday, sending a military aircraft to the area, which spans 3,600 square nautical miles.

Sanchi was carrying about 1 million barrels of an ultra-light form of oil called condensate to South Korea when it hit the Chinese freighter, loaded with grain from the United States.

Related News:

Most liked

JPMorgan Quarterly Profit Down, But Results Beat Estimates
JPM is now overvalued by 2.12% relative to the average 1-year price target of $108.54 taken from a group of Wall Street Analysts. Finally, Societe Generale lowered JPMorgan Chase & Co. from a "buy" rating to a "hold" rating in a research report on Tuesday.

Myanmar: Reuters journalists must be released
Wa Lone, 31, and Kyaw Soe Oo, 27, were detained on December 12 after they had been invited to meet police officers over dinner. Adler, called the move "a wholly unwarranted, blatant attack on press freedom".

De Bruyne: We don't care about poor Anfield record
I'm an Evertonian and earlier that season I had played at Goodison Park and scored for England Under-21s against Portugal. Stoke City has the league's worst road record at 1-7-3 to go along with a -17 goal differential on the road.

Trump expresses 'openness to holding talks' with North Korea
Some two months later, Tillerson indicated that the US was ready to speak with North Korea at any time and without preconditions. Moon's words came a day after both Koreas held their first meeting in two years, Efe news reported .

ECB Minutes Suggest Policy Communication Script May Be Revised Soon
In the US , the Labor Department reported that weekly jobless claims rose by 11,000 to 261,000 new claims, a three-month high . Talk of an end to QE has raised speculation that the European Central Bank could follow up with a rate hike late in 2018.

Korea, US Discuss Coordination over Inter-Korean Relations
China and Russian Federation , which both oppose the proposal for maritime interdiction , have not been invited to the summit. One of the options to be discussed, he said, would be naval interdiction to stop North Korean smuggling.

Is Kylie Jenner In Labor?
One source very close to the KarJenners tells The Blast the rumors are "not true". She's worked hard enough to do whatever she wants'.

Latest Trump administration executive order targets veteran mental health
Results of past presidential physicals have included basic data like weight, blood pressure and cholesterol levels. Bush administration selected him to be a White House physician under Air Force Brigadier General Richard Tubb.

Senator Tim Scott reacts to Trump 's***hole' controversy
Trump has been calling for merit-based immigration, of which people from countries like India could be a major beneficiary. Remember the time he said everyone in Haiti has AIDS ? However, we can not sacrifice one group of immigrants for another.

Nintendo got to show off Dark Souls: Remastered first for a reason
The story mode will have players traveling across the Mushroom Kingdom participating in matches, minigames, and boss battles. And given both how much it already costs and how limited the entire set will be, you're probably going to have to act fast.

Streetwise Analysis on Shares of Martin Midstream Partners LP (NasdaqGS:MMLP)
The stock of Magellan Midstream Partners, L.P. (NYSE:MMP) earned "Hold" rating by RBC Capital Markets on Sunday, July 23. Magellan Midstream Partners, L.P., MMP has a debt/equity of 2.02, and the LTdebt/equity (Long Term Debt/Equity) of 1.9.

Two More Flu Deaths Bring Total to Seven in Washoe County
Werker, Deputy Chief Medical Health Officer, says the flu can take very many forms during the flu season. For those at high risk of serious flu complications, getting vaccinated is especially important.

Shambolic Cabinet reshuffle sees Chris Grayling made Tory chairman for 37 seconds
The Northern Ireland secretary, James Brokenshire , has resigned because he needs surgery for a lesion on his right lung. The post ended up going to 46-year old Brandon Lewis who was the first to arrive at Downing Street to meet May.

Houthi's ballistic missile intercepted over Najran
Within 48 hours, the capital of Sanaa witnessed the killing of two Houthi militia leaders by the unidentified armed groups. On Dec. 19, 2017, the Houthi movement fired a ballistic missile toward the royal palace in the Saudi capital of Riyadh.

Freezing temperatures and snow predicted for Middle Tennessee on Friday
In the past couple of weeks, we've had snow , strong winds and record-setting below zero temperatures. Southwest wind 3 to 6 miles per hour . "Homestake pass and Boulder Hill could see 3" - 6" of snow.