Update on Stolt Magnesium

The vessel Stolt Magnesium suffered from an explosion of an unidentified external device while off the coast of Oman.

As a result of the impact, the ship experienced a fire in the engine room. All seafarers of Stolt Magnesium are safe and accounted for, with no injuries sustained. Their families have all been contacted. All relevant authorities and parties meanwhile have been informed.

Stolt Tankers are currently engaging with authorities and experts to make arrangement for the safeguarding and securing of the vessel and its cargo.