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Oil tankers idling for months off Delaware waters
Reasons for prolonged stopovers unclear, puzzling traders; concern raised about welfare of sailors aboard vessels
Add BT as a preferred sourcePublished Mon, Feb 23, 2015 · 09:50 PM
New York
LATE last November, the tanker Olympic Flag carrying 650,000 barrels of Angolan crude dropped anchor about 7 miles off the coast in Delaware Bay, a seemingly routine shipment destined for a nearby Philadelphia refinery.
What happened next was anything but routine. Instead of discharging its cargo within days and heading off for the next port, the ship idled offshore for nearly 11 weeks, discharging the oil at an unaccountably slow rate, according to shipping sources as well as vessel tracking data on ThomsonReuters Eikon.
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