Sunken Sanchi Tanker Among Ships Hit by Iran Sanctions

By Nick Wadhams and Javier Blas (Bloomberg) -- Among the hundreds of Iranian-linked banks, companies and vessels that the U.S. slapped sanctions against on Monday was an Iranian crude oil tanker called the Sanchi. There’s one problem: The ship sank after a collision and fiery explosion in January. The U.S. Treasury Department’s sanctions list distributed Monday leaves no … [Read more...]

Oil from Sunken Sanchi Tanker Washes Up in Japan

By Osamu Tsukimori TOKYO, Feb 22 (Reuters) - Oil that reached islands in southern Japan earlier this month is highly likely to have come from the sunken Iranian tanker Sanchi, the Japan Coast Guard said on Thursday. Samples of oily matter that washed up on Feb. 8 on the shores of the Okinoerabu and Yoron islands in the Amami chain were found to be linked to the Sanchi's … [Read more...]

Sanchi Oil Spill Drifts Toward Japan

by Osamu Tsukimori (Reuters) - Clumps of oil have washed up on the shores of southern Japan and there are fears they may be leaking from an Iranian crude tanker than sank in the world’s worst such disaster in decades, the Japanese Coast Guard said on Friday. Black clumps have reached the shores of the island of Amami-Oshima, a coast guard official told Reuters by phone. … [Read more...]