Trump’s Return to OPEC Politics Muddies Oil Talks Next Month
US President Donald Trump has raised the stakes for a meeting of an OPEC+ ministerial panel next month, with his call for the group to lower oil prices.
Update (April 2): A KC-130 aircraft with the Brazilian Air Force has joined the search for survivors from the MV Stellar Daisy, which is believed to have sunk in the Atlantic Ocean about 2,500 kilometers off Uruguay.
Twenty-two crew members remain missing.
Merchant ships were first to reach the area on Saturday.
“A ship observed an oil sheen and debris, in addition to smelling a strong petroleum order, which indicates that the stricken vessel has sunk,” said Uruguayan Navy said in a statement.
As of Sunday there were four merchant ships in the area participating in the search and rescue. Additional SAR assets were expected to arrive Tuesday and Wednesday, the South Korean Foreign Ministry said.
Two Filipino crew members have been rescued floating in a life raft on Saturday, but other lifeboats and rafts found in the area were empty, South Korea’s Yonhap news agency reported.
“A search operation is continuing for the 22 people,” a South Korean foreign ministry official in Seoul said by telephone, adding eight of the missing are South Korean nationals and 14 are Filipinos.
South Korea has requested Brazil and Uruguay to aid in the search and rescue, the official said asking not to be identified.
The very large ore carrier (VLOC) Stellar Daisy owned and operated by South Korea’s Polaris Shipping based in Busan was sailing from Brazil to China carrying iron ore when it sent a distress signal to the ship operator on Friday, Yonhap said.
A message last received on Friday by Polaris from a crew member said the ship was taking in water on the port side and was listing rapidly, Yonhap said. (Reporting by Jack Kim; Editing by Mary Milliken)
(c) Copyright Thomson Reuters 2017.
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