• Volunteers prepare to place handmade oil barriers in the sea at the Mahébourg waterfront in Mauritius. AFP
    Volunteers prepare to place handmade oil barriers in the sea at the Mahébourg waterfront in Mauritius. AFP
  • Volunteers prepare a handmade oil barrier to block leaked oil from the bulk carrier ship MV Wakashio. REUTERS
    Volunteers prepare a handmade oil barrier to block leaked oil from the bulk carrier ship MV Wakashio. REUTERS
  • A drone image shows fishermen on a boat as they volunteer near the area where the bulk carrier ship MV Wakashio, belonging to a Japanese company but Panamanian-flagged, ran aground on a reef, at Riviere des Creoles, Mauritius. REUTERS
    A drone image shows fishermen on a boat as they volunteer near the area where the bulk carrier ship MV Wakashio, belonging to a Japanese company but Panamanian-flagged, ran aground on a reef, at Riviere des Creoles, Mauritius. REUTERS
  • The MV Wakashio stranded close to Pointe d'Esny, Mauritius. EPA
    The MV Wakashio stranded close to Pointe d'Esny, Mauritius. EPA
  • People prepare a plane carrying light equipment and pollution experts before it flies to Mauritius, following fuel spillage from the bulk carrier ship MV Wakashio, at Saint-Denis de la Reunion airport on the island of Reunion, France. REUTERS
    People prepare a plane carrying light equipment and pollution experts before it flies to Mauritius, following fuel spillage from the bulk carrier ship MV Wakashio, at Saint-Denis de la Reunion airport on the island of Reunion, France. REUTERS
  • A volunteer is seen in the leaked oil from the bulk carrier ship MV Wakashio. Reuters
    A volunteer is seen in the leaked oil from the bulk carrier ship MV Wakashio. Reuters
  • Local volunteers clean up oil washing up on the beach from the MV Wakashio. EPA
    Local volunteers clean up oil washing up on the beach from the MV Wakashio. EPA
  • An aerial photograph shows oil drifting ashore over coral reefs from the MV Wakashio. AFP
    An aerial photograph shows oil drifting ashore over coral reefs from the MV Wakashio. AFP
  • A dead starfish is seen following leaked oil from the bulk carrier ship MV Wakashio, Mauritius. Reuters
    A dead starfish is seen following leaked oil from the bulk carrier ship MV Wakashio, Mauritius. Reuters
  • A drone image shows volunteers preparing to handle leaked oil from the bulk carrier ship MV Wakashio. Reuters
    A drone image shows volunteers preparing to handle leaked oil from the bulk carrier ship MV Wakashio. Reuters
  • An aerial view shows people scooping leaked oil. AFP
    An aerial view shows people scooping leaked oil. AFP
  • Local volunteers making absorbent barriers of straw stuffed into fabric sacks to contain oil from the MV Wakashio. EPA
    Local volunteers making absorbent barriers of straw stuffed into fabric sacks to contain oil from the MV Wakashio. EPA
  • Local volunteers lifting absorbent barriers made of straw stuffed into fabric sacks to contain oil from the MV Wakashio. EPA
    Local volunteers lifting absorbent barriers made of straw stuffed into fabric sacks to contain oil from the MV Wakashio. EPA
  • A general view shows the bulk carrier ship MV Wakashio. Reuters
    A general view shows the bulk carrier ship MV Wakashio. Reuters
  • People scoop leaked oil from the vessel MV Wakashio, belonging to a Japanese company but Panamanian-flagged, that ran aground and caused oil leakage near Blue bay Marine Park in southeast Mauritius. AFP
    People scoop leaked oil from the vessel MV Wakashio, belonging to a Japanese company but Panamanian-flagged, that ran aground and caused oil leakage near Blue bay Marine Park in southeast Mauritius. AFP
  • A helicopter hovers over the vessel MV Wakashio in southeast Mauritius. AFP
    A helicopter hovers over the vessel MV Wakashio in southeast Mauritius. AFP
  • The Indian Ocean island of Mauritius has declared a "state of environmental emergency" after the Japanese-owned ship that ran aground offshore days ago began spilling tons of fuel. AP
    The Indian Ocean island of Mauritius has declared a "state of environmental emergency" after the Japanese-owned ship that ran aground offshore days ago began spilling tons of fuel. AP
  • Local volunteers clean up oil washing up on the beach from the MV Wakashio off the southeast coast of Mauritius. EPA
    Local volunteers clean up oil washing up on the beach from the MV Wakashio off the southeast coast of Mauritius. EPA
  • Local volunteers make absorbent barriers of straw stuffed into fabric sacks to contain oil from the MV Wakashio. EPA
    Local volunteers make absorbent barriers of straw stuffed into fabric sacks to contain oil from the MV Wakashio. EPA
  • Local volunteers make absorbent barriers of straw stuffed into fabric sacks to contain oil from the MV Wakashio. EPA
    Local volunteers make absorbent barriers of straw stuffed into fabric sacks to contain oil from the MV Wakashio. EPA
  • An aerial photograph shows oil drifting ashore over coral reefs from the MV Wakashio. EPA
    An aerial photograph shows oil drifting ashore over coral reefs from the MV Wakashio. EPA
  • A general view of oil washed up on a beach from the MV Wakashio. EPA
    A general view of oil washed up on a beach from the MV Wakashio. EPA

Crashed ship near Mauritius sailed off course before disaster, data shows


  • English
  • Arabic

The Japanese-owned bulk carrier that ran aground off Mauritius and spilt oil over pristine waters and fragile coral reefs diverted more than 100 kilometres from a regular shipping lane, data from a maritime analysis firm showed.

The MV Wakashio, owned by Nagashiki Shipping and chartered by Mitsui OSK Lines Ltd, struck a coral reef on Mauritius's southeast coast on July 25 and later began leaking oil. Two of the ship's officers have since been arrested on charges of endangering safe navigation.

The iron-ore carrier was using a well-travelled shipping lane that passes near Mauritius when the accident happened, according to maritime analysis firm Windward and shipping sources.

It appears to have deviated from that lane about 55 nautical miles (102 km) from Mauritius and headed straight for the Indian Ocean island, the data showed. The data shows the ship's track during the last few hours of its journey, including a minor turn after crossing into Mauritius' territorial waters.

"It was on a very bad trajectory," Omer Primor, Windward's head of marketing, told Reuters.

It was not immediately clear why the ship appeared to deviate from its course. Tracking data for other cargo vessels passing close to Mauritius recently show them all sticking to the shipping lane.

The Mauritius coast guard had repeatedly tried to reach the ship to warn it that its course was dangerous but received no reply, Reuters reported this week.

When asked about the Windward data, a Nagashiki Shipping spokesman said: "We have submitted our route record data to the police, but we cannot comment on the data, as the police are investigating the incident".

The company has declined to comment on the report that the coast guard had tried to contact the ship. A spokesman at Mitsui OSK, which chartered the ship, said it was also investigating the carrier's course. He declined to comment further.

One regional maritime official said Automatic Identification Systems (AIS) data he had seen did not show the ship's turn inside Mauritius' territorial waters, but added that it could be because of an inaccuracy in AIS data.

The government of Mauritius and maritime authorities there did not immediately respond to a request for comment on the data.

Mauritius said on Thursday it has started to scuttle the ship, after announcing the plan a day earlier, which had raised alarm from environmentalists worried about further damage after more than 1,000 tonnes of fuel oil leaked.

Scientists say that the full impact of the spill is still unfolding but that the damage could affect Mauritius and its tourism-dependent economy for decades.

The wildlife at risk include the seagrasses blanketing sand in the shallow waters, clownfish living in coral reefs, mangroves systems, and the critically endangered Pink Pigeon, endemic to the island.

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UAE v Gibraltar

What: International friendly

When: 7pm kick off

Where: Rugby Park, Dubai Sports City

Admission: Free

Online: The match will be broadcast live on Dubai Exiles’ Facebook page

UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

Name: Peter Dicce

Title: Assistant dean of students and director of athletics

Favourite sport: soccer

Favourite team: Bayern Munich

Favourite player: Franz Beckenbauer

Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates 

 

Huroob Ezterari

Director: Ahmed Moussa

Starring: Ahmed El Sakka, Amir Karara, Ghada Adel and Moustafa Mohammed

Three stars