SUBSCRIBERS
Official: Malaysian oil tanker taken over commercial dispute, not hijacked
Published Wed, Aug 17, 2016 · 09:50 PM
Kuala Lumpur
AN oil tanker which was earlier reported to have been hijacked and sailed into Indonesian waters is believed to have been taken due to a commercial dispute, Malaysian authorities said on Wednesday.
The Vier Harmoni, carrying 900,000 litres of diesel, went missing after leaving Tanjung Pelepas port on the eastern coast of Peninsular Malaysia on Tuesday before it was relocated in the waters off Batam, Indonesia.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
Boeing shareholders back outgoing CEO pay deal despite safety woes
US tariffs on Chinese EVs hurt green transition, says XPeng boss
VW, Renault end talks to develop affordable EV
Chinese EV giants hammered by Biden tariff are welcome in Brazil
Japan’s Honda raises electrification investment to US$65 billion through FY2030
Rising industry capacity exerting pressure on yields, says senior SIA executive