andreasnewyorkcity

Greek ship carrying Kuwaiti oil to the United States

In Economic Institutions, European Union on February 10, 2011 at 3:53 am

The Greek supertanker was headed to the U.S. Gulf Coast from Mina Al Ahmadi, Kuwait, loaded with 270-thousand metric tons of crude oil. It was attacked and hijacked early Wednesday morning off the coast of Oman the second incident of its kind in the region in less than 24 hours. The incident, the second against a tanker in the region in 24 hours, comes after unrest in Egypt rekindled concerns over the reliability of oil transit in the Middle East and East Africa.

The owners of the vessel are Greece-based N.S. Lemos & Co.

Advertisements
  1. Last year was the worst on record for piracy at sea. Ships
    reported 445 pirate attacks in 2010… a 10% increase from
    2009.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: