Pirates May Have Missing Vietnamese Oil Tanker

Oil and Gas Investing

CNN reported that authorities in Vietnam are on the hunt for an oil tanker that went missing last week only 40 minutes after it left Singapore for Vietnam.

CNN reported that authorities in Vietnam are on the hunt for an oil tanker that went missing last week only 40 minutes after it left Singapore for Vietnam. There is some concern that it was taken by pirates.

As quoted in the market news:

The Sunrise 689 was carrying 18 crew and 5,200 tonnes of oil when it left Singapore’s Horizon port on October 2, according to the Vietnamese News Service (VNS).

The ship’s owner, the Hai Phong Seafood Shipbuilding Join Stock Company, reported that it lost contact with the ship within an hour of its departure, VNS said.

VNS reported that Vietnam’s Foreign Ministry had sent ‘diplomatic notes’ to the embassies of Singapore, Malaysia, Brunei and Indonesia in Hanoi, asking for assistance in finding the missing ship.

Click here to read the full CNN report.

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