CPC estimates Gulf of Oman tanker ‘attack’ loss at NT$8 million

Focus Taiwan
Date: 2019/06/14
By: Lin Meng-ju and Frances Huang

Photo courtesy of Kyodo News

Taipei, June 14 (CNA) State-owned oil supplier CPC Corp., Taiwan, said Friday that an "attack" in the Gulf of Oman Thursday on a tanker the company chartered to deliver naphtha is expected to result in losses of about NT$8 million (US$253,968).


The preliminary assessment was made by the oil supplier after taking insurance payments into account, CPC Vice President Chiu Chia-shou (邱家首) said, adding that the "attack" would not have a major impact on the company's operations.

The Front Altair, which was charted by CPC to carry 75,000 tons of n3aphtha worth US$34 million, was one of two tankers hit by unknown objects from an unidentified source resulting in the vessel catching fire in an area near the United Arab Emirates.

The 23 non-Taiwanese crew members on the Front Altair, which is registered in the Marshall Islands, were rescued by another cargo ship in the area, the Hyundai Dubai.    [FULL  STORY]

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