Word: kharg
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...Saudi-Iranian encounter came during a relative lull in the fighting. At least two more ships were hit during the week. Iraqi Super Etendards swooped down on the Turkish tanker Buyuk Hun in the vicinity of the Iranian oil terminal at Kharg Island (see box). The ship was set ablaze and had to be abandoned, but its crew was rescued. At week's end Iraq" also claimed its warplanes had hit two "naval targets," otherwise unidentified, near Kharg Island, but the attacks could not be confirmed...
...comes, it will be met by some highly sophisticated Iraqi weaponry. According to accounts from Baghdad, the Soviet Union has supplied Iraq with air-to-surface missiles capable of hitting Kharg Island and other targets deep within Iran. The Iraqis reportedly also have received the Soviet SS-12 missile, which has a range of 500 miles, as well as 5,000 cluster bombs from Chile...
Photographer Catherine Leroy, on assignment for TIME, recently spent seven days on a supertanker as it plied the perilous waters of the Persian Gulf to take on 260,000 tons of crude oil at the Iranian oil depot at Kharg Island. The Swedish-built ship, which is owned by Americans and registered in Liberia, is currently chartered by a Japanese firm to carry its cargo to Europe. At the request of the ship's owners, TIME agreed not to identify their vessel. Leroy's report...
...spoke English, but there is one thing that communicates itself easily: fear. The ship's owner had said that it would be good for the crew to have a woman on board because it would "give them courage." The captain, Chu Ching, 39, has made ten trips to Kharg Island in the past year and was going back this time because he would earn a $5,000 bonus. "Dangerous? That is non sense," he said stoically. "Nothing will happen...
...reaction to the latest attacks on tankers, Lloyd's of London once again increased rates on vessels using the gulf, this time more than doubling the fee (from 3% to 7.5% of value) for ships sailing to Kharg Island. In Geneva, Saudi Arabia's Oil Minister, Sheik Ahmed Zaki Yamani, declared: "What we are afraid of is that Lloyd's might cancel insurance for navigation in the gulf, and this would be equal to closing the Strait of Hormuz." Lloyd's denied the likelihood of such a cancellation. In any event, the world, and particularly...