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New Time Charter
delivered South China, two laden legs, redelivery South China, 10.500 $ daily, Ausca
Bulkcarrier grounded at coal terminal
The "Samatan", with a crew of 24 on board and being loaded with a cargo of coal, ran aground in the afternoon of July 22, 2017, while approaching the coal terminal of the Huaneng Dongfang power plant at the Western coast of Hainan Island. The bulkcarrier was refloated on July 23 at night with the help of several tugs which had started their salvage attempt at 11 p.m., and berthed at the pier of the power plant. The bulkcarrier had to undergo a hull survey and was still berthed in the morning of July 24. Chinese report with photo: http://www.hinews.cn/news/system/2017/07/23/031197758.shtml
DryShips Sells Panamax Bulker in Package Deal
Greek owner of drybulk carriers DryShips Inc. has sold five of its Panamax vessels for an aggregate gross price of USD 29.4 million. Namely, two Panamax vessels Amalfi and Samatan, along with their associated bank debt, were sold to entities controlled by the company’s Chairman and CEO, George Economou. As part of the transaction, the company entered into an agreement to increase its secured revolving facility provided by an entity controlled by George Economou. http://worldmaritimenews.com/archives/205389/dryships-disposes-of-five-panamax-bulkers/
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