Tanker reports external explosion off Oman coast, crew safe, UKMTO says - Finance news and analysis from Global Banking & Finance Review
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Tanker reports external explosion off Oman coast, crew safe, UKMTO says

Published by Global Banking & Finance Review

Posted on May 26, 2026

1 min read

· Last updated: May 26, 2026

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Greek-Owned Tanker Reports Explosion Near Oman; Crew Safe, Minor Spill

Incident Details and Response

Explosion Reported Off Oman's Coast

DUBAI, May 26 (Reuters) - United Kingdom Maritime Trade Operations said on Tuesday that a tanker had reported an external explosion on the vessel's port side, close to the waterline, 60 nautical miles off Oman's capital Muscat.

Crew Safety and Environmental Impact

UKMTO said the vessel, identified as the Olympic Life, and its crew were safe, although the tanker reported some bunker fuel had been discharged into the sea. It said the cause of the incident was unknown.

Vessel Information and Ownership

According to MarineTraffic vessel-tracking data, the Greek-owned Very Large Crude Carrier was sailing past Muscat at around 0700 GMT, heading out of the Gulf of Oman, and was not carrying cargo.

The vessel is owned by Athens-based Olympic Shipping & Management, the successor to Olympic Management founded by late shipping magnate Aristotle Onassis, according to the Onassis Foundation's website.

Company and Media Response

The company was not immediately available for comment.

(Reporting by Ahmed Elimam and Jana Choukeir; Additional reporting by Nerijus Adomaitis in Oslo; Editing by Bernadette Baum and Alison Williams)

Key Takeaways

  • Olympic Life, a very large crude carrier owned by Olympic Shipping & Management, was sailing empty when it reported the external explosion off Oman’s coast—no casualties were reported. (arabnews.com)
  • Some bunker fuel spilled into the sea, though crew and vessel remained safe; authorities are investigating the incident’s cause. (arabnews.com)
  • The incident comes amid heightened maritime insecurity in the Strait of Hormuz, which has seen multiple attacks, explosions, and navigational hazards in recent months. (gcaptain.com)

References

Frequently Asked Questions

What happened to the tanker near Oman?
The Greek-owned tanker Olympic Life reported an external explosion on its port side, 60 nautical miles off Muscat, Oman.
Was the crew of the tanker affected by the explosion?
No, the crew and the tanker Olympic Life were reported safe after the explosion.
Was there any environmental impact from the incident?
Some bunker fuel was discharged into the sea, but the vessel was not carrying cargo at the time.
Who owns the tanker involved in the incident?
The tanker Olympic Life is owned by Athens-based Olympic Shipping & Management.
Is the cause of the explosion known?
According to UKMTO, the cause of the explosion remains unknown.

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