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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Headlines

    Posted By Global Banking and Finance Review

    Posted on February 19, 2025

    Featured image for article about Headlines

    ATHENS (Reuters) - Three oil tankers have been damaged by blasts in the last month in separate incidents around the Mediterranean, with the causes unknown, shipping and security sources said on Wednesday.

    The incidents are the first involving blast damage to non-military vessels to have taken place around the central Mediterranean in decades.

    An explosion caused a one-metre inward breach below the waterline on the hull of Greek-operated crude oil tanker Seajewel at a port in northern Italy on Saturday, one of the shipping sources said. A second blast occurred 20 minutes later on the same vessel without causing further damage.

    Italian prosecutors have opened an investigation into the incident that hit Seajewel when it was at anchor in front of Savona-Vado port, Savona's prosecutor told Reuters.

    The vessel's operator, Athens-based Thenamaris, did not immediately respond to a Reuters request for comment.

    Another vessel operated by Thenamaris, the crude oil tanker Seacharm, was also damaged by a blast off the Turkish Mediterranean port of Ceyhan in late January, two of the sources said.

    In a third incident, the Liberia-flagged chemical and products tanker Grace Ferrum was damaged off Libya in February, three sources said, with one adding that the vessel would require a salvage operation.

    The vessel was showing its status as not under command on Wednesday off the Libyan coast, LSEG ship tracking data showed.

    Its Cyprus-based operator Cymare was not immediately available for comment.

    All three vessels had recently called at Russian ports, according to ship tracking data and sources.

    Shipping industry officials said on Wednesday there was growing concern over the incidents.

    Russian cargo ship Ursa Major sank in the Mediterranean Sea off Spain in late December after an explosion ripped through its engine room and two of its crew were missing, the Russian Foreign Ministry said last month.

    (Reporting by Jonathan Saul, Renee Maltezou, Yannis Souliotis, Michele Kambas and Francesca Landini; Editing by Jan Harvey)

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