REMIEL

General information

Course/Position

Latest news

Sold

Sold for $ 6m to Indonesian buyers - Surveys due

Sold

Sold to Chinese buyers for $3.5 mill

Luyang Eagle stuck at Lazaro Cardenas since May over Iron Ore Dispute

Authorities in Mexico have been holding four Chinese ships and their crews since May as they try to end drug cartels’ involvement in iron ore sales. Some 95 Chinese crew members are on the ships, sources with knowledge of the matter say, and they are encountering health problems related to being stuck on board for months. Mexico started cracking down on drug cartels’ involvement in the iron ore business in March, reports The Financial Times, a British newspaper. The Luyang Eagle, owned by Luyang Group, from the eastern province of Shandong, finished loading ore at Lazaro Cardenas on May 17, and was not permitted to set sail for the same reason. Mexican authorities told Luyang Group that their ship could not leave unless it unloade the ore, a manager said.