Oil tanker with 22 Indian crewmen missing off Benin

[muriel_volestrangler]

Source: BBC

An oil tanker with a crew of 22 Indian nationals is missing in the Gulf of Guinea off Benin in West Africa.

There has been no contact with the Panama-registered Marine Express since Thursday.

The incident occurred less than a month after another vessel was taken by pirates in the same area.

The International Maritime Bureau said the Benin navy was searching for the Marine Express, which is carrying 13,500 tonnes of gasoline.

Read more: http://www.bbc.co.uk/news/world-africa-42938518

[lapfog_1]

1. surprisingly that cargo is worth only around $12M

[cloudbase]

2. That's about 4.82 million gallons,

and it's untaxed and has no additives at that point, so that doesn't seem too far out of line.

[muriel_volestrangler]

3. Pirates free 22 Indian crewmen in Gulf of Guinea

A crew of 22 Indian nationals have been freed by pirates in the Gulf of Guinea off Benin in West Africa.

The crew was on board an oil tanker called the Marine Express, which went missing last Thursday and has also been released with its entire cargo of oil.

All crew members are safe, according to Anglo-Eastern Shipping, the Hong Kong firm that appointed them.
...
It is not clear if a ransom was paid for the Marine Express and its crew.

http://www.bbc.co.uk/news/world-africa-42956309