Crew Member Missing After Fire On Stolt Ship

Stolt Tankers, a subsidiary of Stolt-Nielsen and owner and operator of MT Stolt Valor, has reported a fire on the ship. The company says that the fire has been contained but that one crew member is still missing. The ship is under tow approximately 45 miles off the coast of Qatar. There has been no spillage of fuel oil from the ship, nor any reported or visible spillage of cargo.Stolt Tankers is working in close co-operation with the authorities, salvage experts and insurers to salvage the ship and its cargoes and to avoid any environmental impact. Full investigations into the cause of the accident are being conducted by the flag state and the company. MT Stolt Valor is a 2004-built chemical tanker of 25,268 dwt. The ship has been declared a constructive total loss for insurance purposes. At 10:43am: (LON:SNI) Sygen International share price was -0.13p at 62.88p