Vessel News

Reports about casualties, owner and name changes and other interesting incidents

 Span Asia 17  (General Cargo Ship)
84 days ago by BerndU

beached at Chittagong 14.05.16

 Ocean Shearer  (Specialized Cargo Ship > Livestock Carrier)
84 days ago by arnekiel

Wellard’s newest cattle carrier financed by Italian bank
Australian shipping company Wellard has secured a ship loan from the Italian bank Intesa Sanpaolo (through the bank’s Hong Kong branch) for the livestock carrier newbuilding recently delivered by Cosco Dalian shipyard - Ocean Shearer. “The 10-year loan in the amount of $59m is backed by a commercial risk insurance policy from China Export & Credit Insurance Corporation (Sinosure) and shall be funded at commercial rates,” the Fremantle-based company said in a statement. “The loan contains terms and conditions (including financial covenants) standard for such a ship finance and includes a review event if Mauro Balzarini and his related entities cease to hold, either directly or indirectly, at least 19.90% of shares of Wellard of the 36.6% he currently controls”.

 Seapol One  (Service Ship > Research Vessel)
84 days ago by BerndU

beached at Alang 26.05.16 Plot 71

 MSC Lieselotte  (Container Ship)
84 days ago by BerndU

beached at Alang 26.05.16 Plot 128

 Hudson Leader  (Ro Ro Cargo Ship > Vehicles Carrier)
84 days ago by BerndU

beached at Alang 22.05.16 Plot 30

 Glomar Pride  (Offshore Vessel > Offshore Tug Supply Ship)
84 days ago by arnekiel

Glomar OSV wins long-term contract in North Sea
Glomar Offshore’s emergency response and rescue vessel (ERRV) Glomar Pride has won a three-year contract in UK waters of the North Sea with an unnamed client. The contract includes a three-year extension options, but the day rate was not disclosed.

 Vittoria  (Bulk Carrier)
84 days ago by arnekiel

K Line panamax fixed on timecharter
K Line’s panamax bulk carrier Vittoria (78,259 dwt, built 2013) has been reported fixed on a 10- to 16-month timecharter to United, according to Baltic Exchange data. The charterer has mitigated against future freight rate volatility by fixing the vessel at a rate based on the Baltic Panamax Index’s weighted timecharter average (TCA) rate plus 15%. The TCA rate was today assessed at $4,589, a $61 decrease on Friday’s level. London-based shipbroker Alibra Shipping estimates one-year timecharter rates at $6,000 per day for panamax bulkers in the Atlantic basin and $5,500 daily for those in the Pacific.

 Wafaa M  (Bulk Carrier)
84 days ago by arnekiel

Fenwick sells its oldest ship
Hong Kong owner Fenwick Shipping has offloaded its oldest ship. The low profile outfit sold the 16,900 dwt Ma Cho, built 1997, for some $1.6m. The company declined to comment on the sale when contacted by Splash. The conservative handysize specialist is owned by Antony Louis Marden and Oistein Harmens Thorsen.

 Yhnh  (Bulk Carrier)
84 days ago by arnekiel

D’Amico Dry to offload another elderly panamax
Italian shipping company d’Amico Dry has started its strategy of dismissing aged dry bulk tonnage while taking delivery of newbuildings. Several shipbrokers are reporting that the 199-built Medi Tokyo is being sold to Chinese buyers for $3.5m and there were no denials from the d’Amico group following a request on the matter sent from Splash yesterday.

 Skandi Vitoria  (Offshore Vessel > Offshore Support Vessel)
84 days ago by arnekiel

DOF Subsea vessel wins new contract
Skandi Vitória has won a new contract from Petrobras in Brazil that will utilise the vessel for the remainder of 2016. The vessel is owned through a joint venture with Technip.

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