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SHIP NAME: ISI Olive KEY: NUM. ENTRIES: 5
source OTTO
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At Km 176 of the Suez Canal, the 1997 built, 300,580 dwt VLCC Overseas Meridian ran aground on 20 December 2007. The north bound vessel laden with 90,000 tonnes [???] of crude oil ran aground as a result of an emergency manoeuvre to avoid the 1992 built, 141,861 dwt ISI Olive which suffered a steering gear failure and also ran aground. Both vessels were refloated and continued to their respective destinations.


source MAREUD
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Iranian suezmax and a Columbia Shipmanagement VLCC have grounded at the southern end of the Suez Canal, blocking all traffic on Thursday morning. The accident involving the 142,000-dwt ISI Olive (built 1992), owned by Irano-Hind, and Columbia's 301,000-dwt Overseas Meridian (built 1997) happened at 0740 local time (0540 GMT) three miles from the port of Suez. A GAC Agency source told TradeWinds ISI Olive was the second and Overseas Meridian the third in a convoy of 11 tankers due to head north, while a mixed group of 20 ships was also waiting to transit the canal. The circumstances of the incident were still unclear on Thursday morning. Columbia, citing local port agents, reported that ISI Olive had had steering problems and its own vessel had grounded to avoid a collision, but Irano-Hind told TradeWinds it had been in touch with the ISI Olive's master and he had reported no such problems and was trying to ascertain the cause of the grounding. No pollution has been reported. Overseas Meridian, chartered to Shell, had been refloated and is undamaged, but ISI Olive remained aground. ISI Olive's manager International Tanker Management said the vessel's hull had been breached in the fore peak and in number one port ballast tank, but no oil tanks had been breached. There were no casualties.


source DSN
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An Iranian suezmax and a Columbia Shpmanagement VLCC grounded at the southern end of the Suez Canal, blocking all traffic for six hours on Thursday morning. The accident involving the 142,000 dwt ISI Olive (built 1992) and Columbia's 301,000 dwt Overseas Meridian (built 1997) happed at 0740 local time, thee miles form the port of Suez.


source LloydsList
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Port Said, Jan 6 -- Crude oil tanker ISI Olive left the Suez Canal at Port Said at 2115 hrs, yesterday, towed by Suez Canal tugs to the pilot station at Port Said. The vessel is now waiting at Port Said pilot station for another tanker (name not known) for lightening a part of her cargo of crude Iranian oil. She will then, we are advised, proceed to discharge port where she will enter dry dock for permanent repairs. It is possible that she may be towed further into the Mediterranean Sea for the lightening operation in view, we are informed, of avoiding any possible pollution to the Egyptian coast during the lightening. Understand that the lightening may commence later today. -- Lloyd's Agents.

Port Said, Dec 22 -- Crude oil tanker Overseas Meridian did not sustain any damage. The vessel resumed its passage through the Suez Canal and sailed Port Said at 0240, Dec 21. Crude oil tanker ISI Olive has severe hull damage and is under repair at Great Bitter Lake. Suez Canal movements have almost returned to normal. -- Lloyd's Agents.

London, Dec 21 -- A press report, dated Dec 20, states: A Maltese-flagged tanker ran aground in the Suez Canal early today, halting traffic in the major waterway for six hours until it was towed away, officials said. No oil was spilled from the crude oil tanker ISI Olive, the Suez Canal Authority said in a statement. The statement said the 1992-built crude oil tanker got stranded just after passing through the southern, Red Sea entrance of the waterway, because of a failure in the steering gear which caused it to run aground on the western bank of the 190 kilometre long canal. It took the Suez Canal authorities six hours to extricate and tow the tanker, which is Iranian-owned, away. The 81,000-ton 270-metre-long vessel was only slightly damaged. Because of the grounding, 59 ships were delayed for passage from both the Mediterranean and the Red Sea entrances.

London, Dec 20 -- Following received from the operators of crude oil tanker ISI Olive, dated today: ISI Olive has been refloated and is now en route to the Bitter Lake. The main engine and steering gear are working normally. Further investigations will be carried out tomorrow in daylight hours.

London, Dec 20 -- Following received from the operators of crude oil tanker crude oil tanker Overseas Meridian (156860 gt, built 1997), dated today: On entering the Suez Canal, northbound, at 0755, local time, Dec 20, Overseas Meridian, laden with approximately 90,000 tonnes of crude oil, grounded at KM 176. There is no oil spill or pollution, and no injuries are reported. The grounding was the result of an emergency manoeuvre/astern movement to avoid the vessel ahead in the convoy, crude oil tanker ISI Olive (81135 gt, built 1992), which apparently had a steering gear failure and grounded. Tugs are presently in attendance, ballast has been adjusted and Overseas Meridian has been successfully refloated. The vessel will continue to its next port of Sidi Kirir once ISI Olive has been refloated and the channel is clear. Class and divers have been arranged to attend at Sidi Kirir. Overseas Meridian is presently afloat in the middle of the channel, with its port side held fast to the shore using ship's lines, holding 50-60 metres distance off the canal bank. Tugs are secured fore and aft on the starboard side to keep the vessel in position. Overseas Meridian is presently awaiting the refloating of ISI Olive, which is currently ahead of the vessel and blocking the canal. Overseas Meridian has caused neither pollution, nor injury to personnel, and is in all respects fit to continue on its passage to Sidi Kirir.

London, Dec 20 -- Following received from the operators of crude oil tanker ISI Olive, dated today: ISI Olive grounded at KM 157, close to the southern entrance to the Suez Canal, at 0930, UTC, today. It is reported that the vessels hull has been breached in the forepeak and in No 1 port ballast tank, but no oil tanks have been breached. There are no casualties and no pollution has been reported. International Tanker Management Ltd has notified all relevant authorities and the company?s emergency response measures have been activated. A decision from the Canal authorities to commence refloating and towing operations is awaited, after which the vessel will be towed to a safe anchorage for further inspection.


source CTX
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Steering gear failure at the south end of Suez Canal. Went aground, holed forepeak and No 1 port side ballast tank DH Ship was part loaded (88,000 tons) but no spill. Apparently the north bound convoy was just starting up. Olive was 2nd in the convoy and Overseas Meridian was 3rd. Meridian also went aground, presumably attempting avoidance. She also was part-loaded (158,000 tons), but was not holed.