Greek shipowner John Angel-icoussis' acquisition of four ICB tankers last week was the highlight of a busier market, Allied Shipbroking Inc. said in its latest ship sales report. Angelicoussis paid $189 million in total for the Mindoro (1995-built, 300,294-deadweight tons), the Irian (1992, 286,006-dwt), the Ambon (1992, 285,771-dwt) and the Flores (1995, 284,410-dwt). Aegean Marine Petroleum, also of Greece, paid $2.5 million to buy the 1976 Norwegian-built tanker Maersk Ascension (60,810-dwt). Italian buyers also picked up two tankers last week. Gemarfin paid $8.75 million for the 1982 Japanese-built Meandros (40,632-dwt) while unknown Italian buyers paid $480,000 at an auction in the U.S. for the 1977 Italian-constructed Campo Duran (30,572-dwt). Other tankers sold last week were the 1993 South Korean-built Nathalie SIF (9,176-dwt) by Ramona of Sweden for $14 million and the 1970 British-constructed Stella Orion (5,093-dwt) taken by unknown buyers at an auction for $290,000. Two gas tankers were also sold last week, according to the Greek broker. Olympi of Chile purchased the 1968 French-built Mundogas Europe for $4 million including three years time charter at $9,000 a day, and MC Shipping based in Monaco bought the 1990 Japanese-built Leo Gas (4,316-dwt) for $4.8 million. Greek shipowners also bought heavily last week into bulk carriers, acquiring four of the six vessels sold.
The Panama-flag bulker China Prospect was involved in a collision on January 2, off Flushing, Netherlands, with the German-flag freighter Veerseborg, Reuters reported. The 45,260 dwt China Prospect, bound for Flushing with a cargo of coal, had a three m hole one m below the waterline and was still outside the port. Damage to the 8,667 dwt Veersborg was unknown.
South Korea's Daewoo Heavy Industries Co apparently plans to split into three units on October 23, pending an approval from its board of directors. It's unknown at present how the spin off will effect the world's second largest shipbuilder. The company planned to divide its shipbuilding and machinery operations and form a third company to manage its debts. The machinery and shipbuilding units are expected to list separately around December 20
Egypt's Suez Canal Authority discovered on Thursday that an impounded Romanian cargo ship had escaped and its whereabouts were unknown. They said the Romanian-flagged Sapphire had been impounded under a court order in February after its owners failed to pay $204,000 in port and transit fees to the authority. There were 23 sailors aboard the 10,046-gt ship. Its cargo included timber.
British maritime authorities have reportedly chartered winter tugboats early to help head off a possible shipping disaster anticipated on Thursday - the ninth day of the ninth month, 1999. The date entry "9/9/99" is a "stop file" in some old computers - a command that could shut down systems on an unknown number of ships plying the open seas, Maritime and Coastguard Agency officials said. The failure of navigation or other operations on large ships is the main concern for the MCA when the
The U.S. Coast Guard issued a Press Release stating that the tank barge that struck an unknown submerged object in the Gulf of Mexico has capsized. Salvage and spill response operations continue. The agency also issued a Photo Release of the capsized barge.
The ReCAAP Information Sharing Centre issued an incident alert stating that a chemical tanker anchored at night off southeast Malaysia was boarded by an unknown number of robbers, who stole some engine spare parts. Masters are reminded to maintain vigilance and to adopt precautionary measures when anchored in the area. (3/11/10). (Source: Bryant’s Maritime News)
Coast Guard monitoring Japanese tsunami drifter as it nears the Alaskan coast A derelict Japanese ship dislodged by last year’s massive tsunami is drifting toward Alaska, the Coast Guard said. The shrimping vessel was floating slowly northwest in the Gulf of Alaska about 125 miles west of the nearest point of land — Forrester Island outside the Dixon Entrance, a maritime transportation corridor separating U.S. and Canada jurisdictions
The U.S. Coast Guard announced the cause of the November 2004 oil spill in the Delaware River, saying a submerged 18,000-pound anchor of unknown origin caused the gash in the hulking Greek tanker, the Athos I. The other objects that had been suspected in the accident - a pump casing, a large concrete block, an 11-ton propeller - have been cleared of all charges. It was a costly accident, both financially and environmentally
The Coast Guard has identified a sunken fishing vessel missing since 1972. The Schmidt Ocean Institute research vessel Falkor in concert with Bureau of Ocean Energy Management found an unknown sonar target object December 2012, and sent a remote operating vehicle (ROV) to investigate. The fishing vessel Katmai was discovered in 8,920 feet of water approximately 200 miles offshore. After receiving data of the discovery from BOEM, the U.S
The U.S. Coast Guard reported that response crews continued work salvaging the partially submerged vessel, Stephen L. Colby, near LeClaire, Iowa despite stormy weather conditions. Crews have been working against deteriorating weather conditions for two days to ensure any spilled fuel is cleaned
Having served as the editor of Maritime Reporter & Engineering News for more than 20 years, it is my running joke that Jim Rhodes, president, Rhodes Communications, Inc., is the first person I see at every trade show I attend, anywhere I attend, around the world
Inchcape Shipping Services (ISS) is advising that oil tankers are remaining at anchorage having been evacuated from Qingdao Port, China. Currently only the oil terminals are affected, with the exception of Dagang terminal, located at east Jiaozhou Bay
Ship owners trend towards larger ship sizes in the latest round of newbuilding orders reported in Clarkson Hellas S&P Weekly Bulletin. Dry bulk carriers Oldendorff Carriers has contracted for four firm plus up to four option 208,000 dwt Newcastlemax from Taizhou CATIC
Due to a collision of two vessels at Brunsbttel on the western end of Kiel-Canal between siding Kudensee and Brunsbüttel Innerharbour, the Kiel-Canal has been closed since 3:45 a.m. local time October 28 . Salvage operation are ordered
The Dutch government has lodged a rare application at the International Tribunal for the Law of the Sea (ITLOS), asking it to order the immediate release of the Greenpeace ship Arctic Sunrise and all those who were aboard for the peaceful protest against Gazprom’s Arctic oil platform
Today in U.S. Naval History - October 3 1921 - USS Olympia sails for France to bring home the Unknown Soldier from World War I 1955 - USS Saipan (CVL-48) begins disaster relief at Tampico, Mexico rescuing people and delivering supplies. Operations ends 10 October.
The 72-foot tug 'Iver' lies in approximately 16 feet of water after sinking at the pier at Mariner Properties on Lake Union near Seattle. Coast Guard Sector Puget Sound received notification from the vessel’s caretaker at 7:30 a.m., reporting that the Iver had sunk and that there was a fuel
A Coast Guard aircrew medevaced a 45-year-old crewman from a 100-foot shrimper approximately 60 miles south of Intracoastal City in the Gulf of Mexico, Thursday. Watchstanders at Coast Guard Sector New Orleans received a request from the fishing vessel Poncho at approximately 5 p.m
The Australian-based Deep Sea Mining Campaign congratulated the Namibian Governments on its decision to place a moratorium on seabed mining. “The Deep Sea Mining campaign applauds the Namibian government’s decision to impose a moratorium for 18 months on marine phosphate mining
According to the latest report on http://www.nbcwashington.com, four people were killed and at least 10 were shot at the Washington, D.C. Navy Yard Monday morning by more than one gunman. At about 10:20 a.m., one shooter had been reported contained
A Coast Guard boat crew medically evacuated a 52-year-old man from a 730-foot motor vessel on the Detroit River late Wednesday evening. At about 11:30 p.m., a 730-foot Canadian-flagged motor vessel contacted the communications watchstander at Coast Guard Station Belle Isle, in Detroit
The Coast Guard has conducted an emergency medical evacuation of a sick crewmember from the 1,000-foot laker 'Edwin H. Gott' operating approximately 40 miles northwest of Bayfield, Wis. in Lake Superior. The laker reported that a crewmember aboard was experiencing symptoms of a stroke and the
The Coast Guard rescued two people from a burning boat on the St. Marys River in the vicinity of Sugar Island, Mich., Thursday morning. At approximately 9:10 a.m., a communications watchstander at Coast Guard Sector Sault Ste. Marie, Mich
ITIC has warned its members about a recent spate of crew scams which threaten to involve unwary ship agents in significant financial loss and exposure to fines and penalties by immigration authorities. ITIC has issued a number of warnings in the past about ship agents being used by