NO. 19



Oil Transfer at Khark 5 Completed

The transfer of 215,000 tons of crude oil from the damaged Iranian-owned284,632 dwt Khark 5 to the 290,283 dwt Iranian-flag Shir Kooh was completed lastweek some 250 miles west of Sierra Leone. An accident in the Khark 5 on 19December caused a spill of crude and threatened the Moroccan coastline, but mostof the oil was blown out to sea. The tanker is now reported to be sailing underher own power to an undisclosed European...