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The Panama-flagged, Iranian-owned tanker Sanchi's tragic sinking claimed the lives of all 32 crew and led to an oil slick which spread as far as Japan. Here is all you need to know about the collision, the clean-up, and subsequent accident investigation, including a timeline of key events to date.
However, the final bill will not be known for some time, experts say
Latest big spill is PR car crash and may result in tougher legislation
The maritime industry could take a page from the aviation sector in taking a more intolerant stance toward accidents
Black oil patches seen on shores of Amami-Oshima, Reuters reports
Chinese authorities say decision has yet to be made on whether or not to salvage the sunken tanker
Maritime authorities from Iran, China, Hong Kong and Panama have signed an agreement to jointly investigate accident
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No injuries have been reported, but the cause of the incident is still unknown
The peak of the crude oil storage crisis may now be over as production cuts have come in ‘harder and larger’ than previously expected, and this is reflected in falling spot rates for both crude and product tankers
It can take a crisis for an innovative approach to gain traction, but only if lessons are learnt
‘The waterfront is a tightly knit community and if a member of that community succumbs, we all share the grief,’ said Port of Oakland maritime director John Driscoll
Chris Nolan, Partner at Holland & Knight New York, who authored an amicus brief on the prevailing side, told Lloyd’s List that the ruling would be welcomed by the shipping industry
‘The judgment reinforces the principle that owners must exercise due diligence before and at the commencement of the voyage in all aspects of seaworthiness,’ Clyde & Co legal team argue
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