81,000-Tonne Bulker Adrift After Loosing Power Off Pentland Firth

According to an article by BBC, A cargo ship started to drift in the Pentland Firth between Caithness and Orkney after it lost power.

What happened?

On March 28, the 229m (751ft) long, 81,000-tonne bulk carrier Leo Iris broke down and started drifting.

Stornoway Coastguard was concerned the vessel could run aground on rocks at the Skerries, or collide with another ship.

Help dispatched

An emergency tug and Longhope RNLI were alerted. The Leo Iris’ crew managed to make temporary repairs.

The crew were...

http://mfame.guru/81000-tonne-bulker-adrift-after-loosing-power-off-pentland-firth/

Launching of a 200,000-dwt Bulker from KLine

In a major development, Kawasaki Kisen Kaisha Ltd. (K-Line) has announced at the Marugame business headquarters Imabari Shipbuilding Co., Ltd. that they have completed the 200,000- dwt ton Cape size bulker “CAPE SAPPHIRE”, says a press release published on their website.

Features of the Ship

The ship is compliant with the Common Structural Rules for Bulk Carrier (CSR-BC) for bulk
cargo ships and the main institution is equipped with an electronically controlled engine with enhanced anti-corrosion...

http://mfame.guru/launching-of-a-200000-dwt-bulker-from-kline/

Bulk Report – Week 8, 2019

The Baltic Briefing has released Bulk carrier maritime activity report for the 8th week of this year. The report formulated on 22nd February 2019 highlights the situation in the bulk carrier market including trading activities, freight rates, and charter rates.

Here’s a glimpse of that report.

Capesize

Gloom continued to beset the market for the big ships, with Dalian port last week imposing a ban on Australian coal imports and capping coal imports from all sources by the end of 2019 at 12 million...

http://mfame.guru/bulk-report-week-8-2019/

Collision Between Malaysia Vessel And Greece-Registered Bulk Carrier In Singapore

Collision between Malaysia vessel and Greece-registered bulk carrier in Singapore Port Limits off Tuas

At 1428hrs on 9 February 2019, there was a collision between Greece-registered bulk carrier PIREAS and Malaysia vessel POLARIS in Singapore Territorial Waters within Singapore Port Limits off Tuas.

Image Credit: mpa.gov.sg

PIREAS was on its way from Singapore to its next port of call at Tanjung Pelepas when the collision took place.

MPA is deeply concerned that the presence of the unauthorised vessels in our port limits can cause confusion for the international shipping community and threaten...

https://www.marineinsight.com/shipping-news/collision-between-malaysia-vessel-and-greece-registered-bulk-carrier-in-singapore/

Bulk Report – Week 4, 2019

The weekly highlights of the Baltic Briefing are here. This report showcases the bulk carrier market scenario of week 4 of 2019 which has been compiled on 25th January.

Capesize

A week of dashed hopes for owners as the optimism evident the previous week evaporated. Rates slipped on all routes and underlying threats of a cyclone in West Australia saw the miners on the sidelines.

  1. The West Australia/China route fell to $6.00 for 6 February onwards and cyclone worries receded, many hoped this was the...

http://mfame.guru/bulk-report-week-4-2019/

Έτοιμοι για τη «φουρτούνα» οι εφοπλιστές

Ο ναυτιλιακός κόσμος περιόρισε τις αγορές πλοίων για να αντέξει την τρικυμία των αγορών. Οι Έλληνες εφοπλιστές ξόδεψαν 10 δισ. δολ., 75% άνω του 2017

Με τις αγορές να κλυδωνίζονται και τον επιχειρηματικό κόσμο να είναι διαιρεμένος σε ό,τι αφορά την πιθανότητα επιβράδυνσης στην παγκόσμια οικονομία και το εμπόριο, θα περίμενε κανείς τη βύθιση του –άρρηκτα συνδεδεμένου με τη διεθνή ανάπτυξη- ναυτιλιακού κόσμου.

Όμως, ενώ  οι φόβοι για επιβράδυνση λόγω των χειρότερων του αναμενόμενου επιδόσεων της...

https://nautilia.gr/eidiseis/pontoporos/etoimoi-fourtouna-efoplistes/

Eagle Acquires a Modern Ultramax, Sells Two 18-Year Old Supramaxes

In a recent development, Eagle Bulk Shipping Inc. has announced today that they have purchased a high-specification 2015-built SDARI-64 Ultramax bulk carrier for a purchase price of USD 20.4 million, says a press release published on NASDAQ website.

The New Ultramax Acquisition

The ship, which has been renamed the M/V Cape Town Eagle, was constructed at Cosco Zhoushan Shipyard Co. Ltd and is of the same design as the M/V Hamburg Eagle and M/V Singapore Eagle.  The M/V Cape Town Eagle has been...

http://mfame.guru/eagle-acquires-a-modern-ultramax-sells-two-18-year-old-supramaxes/