The 32 crew members of the Iranian tanker Sanchi are still missing, however where things have taken a turn for the worse is that according to Chinese state media, the flaming ship is now in danger of either exploding or sinking.
Yesterday, we Zero Hedge that in a bizarre and still unexplained incident, no less than 32 sailors were missing after an Iranian oil tanker sailing to South Korea collided with a cargo ship off the east coast of China and caught fire on Saturday evening. The Sanchi collided with the Chinese cargo vessel CF Crystal about 160 nautical miles off the coast of Shanghai on Saturday, with China’s Ministry of Transport reporting that search and rescue operations were under way, and that oil had spilled on the water.