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The recent seizures of an Iraqi oil tanker and a UK flagged ship by Iranian authorities have further increased tensions in the Gulf following earlier attacks on tankers in Fujairah and the Gulf of Oman. But what are the contractual implications for ships operating in the area?
The cutting of diplomatic ties with Qatar imposed by a number of Arab states with effect from 6 June 2017 has also impacted the operation of ships in the area due to the restrictions imposed.
Veritas Petroleum Services (VPS) publish regular Bunker Alerts based entirely on fuel samples. The bunker samples are analysed by VPS whenever a short-term quality issue is identified in a specific port or region.
Bunker fuel is a key element in the running of ships, and problems related to bunkers can massively impact daily operations. Information about bunker quality issues is of high value and BIMCO has therefore entered into a new cooperation with Veritas Petroleum Services (VPS) who publishes regular Bunker Alerts based entirely on fuel samples.