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 MSC Flaminia  (Container Ship)
2 hours ago by arnekiel

MSC Flaminia resumes MSC charter
German post-panamax containership MSC Flaminia will rejoin its charterer Mediterranean Shipping Company this week after a two-year ordeal of salvage, repairs, and retrofitting. The ship, which was ravaged by a blaze on a transatlantic crossing in July 2012, will be delivered to its charterer on 23 July at the port of La Spezia, ship manager Reederei NSB said today. According to German chartering brokers, the ship will resume its employment with MSC at a hire rate of $15,275 + €12,975 for five years. The long-term charter cover was apparently pivotal for the financing of extensive retrofit measures at Daewoo's Mangalia shipyard in Romania, aimed at improving the ship's fuel economies. NSB said that a new bulbous bow and propeller have been installed in addition to all necessary repairs. Both together would allow the vessel's operator to achieve a 12% saving on heavy fuel oil consumption under ideal sea conditions, the ship manager said. The MSC Flaminia had been docked at Daewoo Mangalia since February after extensive clean-up and decontamination works in Denmark.

 Majed And Randy  (General Cargo Ship)
2 hours ago by arnekiel

Freighter violates UN Crimea sanctions
In response to the annexation of Crimea and Sevastopol by Russia, the European Union has published Regulation 692/2014 of 23 June 2014, introducing trade sanctions in respect of goods originating in Crimea or Sevastopol and on the provision, directly or indirectly, of financing or financial assistance, as well as insurance and reinsurance, related to the import of such goods. General cargo vessel Majed and Randy was docked in Sevastopol port, at grain terminal Avlita, from July 15 till July 17. Vessel is sailing to Famagusta port, Northern Cyprus. According to official statements of Rosselkhoznadzor (Agriculture State Agency of Russia), Crimea is exporting its’ grain to Saudi Arabia and Northern Cyprus. EU sanctions emphasize on grain exports, hence direct violation, made by m/v Majed and Randy and her owners. All those who’d consider Majed and Randy for chartering should take into account all risks involved. Vessel may be arrested or detained in ports of Ukraine or EU, especially considering latest developments in Ukrainian crisis (Malaysia Airlines Flight tragedy). Vessel most probably, is operated by an Egyptian company, which either doesn’t know about sanctions, or found offer impossible to reject. One more guess is, Russian/Crimean grain traders can make deal or deals with shipowners, chartering their vessels purposefully for Crimean grain shipments, at exorbitant freight rates. Owner may exploit vessel exclusively on Crimea grain shipments, and after that, sold it or put in a lay-up. Crimea, according to Russian authorities, may export up to 500,000 tons of grain this season. So maybe, it’s worth it. Source: www.news.odin.tc/...


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