AIRLINK 74.00 Decreased By ▼ -0.25 (-0.34%)
BOP 5.14 Increased By ▲ 0.09 (1.78%)
CNERGY 4.55 Increased By ▲ 0.13 (2.94%)
DFML 37.15 Increased By ▲ 1.31 (3.66%)
DGKC 89.90 Increased By ▲ 1.90 (2.16%)
FCCL 22.40 Increased By ▲ 0.20 (0.9%)
FFBL 33.03 Increased By ▲ 0.31 (0.95%)
FFL 9.75 Decreased By ▼ -0.04 (-0.41%)
GGL 10.75 Decreased By ▼ -0.05 (-0.46%)
HBL 115.50 Decreased By ▼ -0.40 (-0.35%)
HUBC 137.10 Increased By ▲ 1.26 (0.93%)
HUMNL 9.95 Increased By ▲ 0.11 (1.12%)
KEL 4.60 Decreased By ▼ -0.01 (-0.22%)
KOSM 4.83 Increased By ▲ 0.17 (3.65%)
MLCF 39.75 Decreased By ▼ -0.13 (-0.33%)
OGDC 138.20 Increased By ▲ 0.30 (0.22%)
PAEL 27.00 Increased By ▲ 0.57 (2.16%)
PIAA 24.24 Decreased By ▼ -2.04 (-7.76%)
PIBTL 6.74 Decreased By ▼ -0.02 (-0.3%)
PPL 123.62 Increased By ▲ 0.72 (0.59%)
PRL 27.40 Increased By ▲ 0.71 (2.66%)
PTC 13.90 Decreased By ▼ -0.10 (-0.71%)
SEARL 61.75 Increased By ▲ 3.05 (5.2%)
SNGP 70.15 Decreased By ▼ -0.25 (-0.36%)
SSGC 10.52 Increased By ▲ 0.16 (1.54%)
TELE 8.57 Increased By ▲ 0.01 (0.12%)
TPLP 11.10 Decreased By ▼ -0.28 (-2.46%)
TRG 64.02 Decreased By ▼ -0.21 (-0.33%)
UNITY 26.76 Increased By ▲ 0.71 (2.73%)
WTL 1.38 No Change ▼ 0.00 (0%)
BR100 7,874 Increased By 36.2 (0.46%)
BR30 25,596 Increased By 136 (0.53%)
KSE100 75,342 Increased By 411.7 (0.55%)
KSE30 24,214 Increased By 68.6 (0.28%)

imageJAKARTA: Indonesia's navy said Thursday it had found a tanker carrying almost $400,000 worth of diesel that was taken by its own crew last week due to a commercial dispute.

The MT Vier Harmoni was initially feared to have been hijacked after setting sail from Malaysia, in waters that have suffered a string of pirate attacks in recent times.

But Indonesian authorities quickly realised the vessel, which was transporting 900,000 litres of diesel, had been taken by its Indonesian crew due to a dispute.

The navy deployed ships and a helicopter to search for the tanker, which was reported missing on August 16 after setting sail from southern Malaysia a day earlier.

"The hunt was conducted day and night, non-stop, by the team," said navy spokesman Edi Sucipto.

He said the tanker was found Wednesday off West Kalimantan province, on the Indonesian part of Borneo island.

The tanker is being escorted to Tanjung Pinang, the provincial capital of Indonesia's Riau Islands, for further investigations, Sucipto said.

After the tanker disappeared, the Indonesian navy said the captain had contacted the vessel's agent to say the crew were taking it back to Batam island, just south of Singapore, due to an "internal management problem".

The term is commonly used to refer to a dispute between a crew and a ship's owner or charterer.

A scourge for centuries, piracy in Southeast Asian had been significantly reduced over the past decade thanks to better regional cooperation and maritime patrols.

But in 2015 the region was struck by a string of hijackings with criminal gangs targeting slow-moving tankers carrying valuable petrol which they would offload and sell.

However in the first six months of 2016, the number of incidents dropped to 24, compared with 54 during the same period in 2015, according to the London-based International Maritime Bureau.

About one-third of global trade flows through the Malacca Strait, which runs between Indonesia, Malaysia, and Singapore.

Copyright AFP (Agence France-Presse), 2016

Comments

Comments are closed.