Reviews & Ratings for the Cape-Kestrel

On September 6, 2026, the vessel 'Cape Kestrel' was placed under detention in Yingkou due to significant safety and compliance deficiencies. The inspection revealed three critical issues: 1) Deficiencies related to life-saving appliances, specifically the lifeboats (not attributed to the responsibility of the Recognized Organization), 2) Fire safety compliance issues concerning decks, bulkheads, and penetrations (also not the responsibility of the Recognized Organization), and 3) A failure to adhere to pollution prevention regulations, particularly concerning the Ballast Water Management System (again, not the responsibility of the Recognized Organization). These findings highlight the ongoing challenges in maritime safety and regulatory adherence.

A new trip charter has been established for the transportation of 170,000 tons of ore from Ponta Da Madeira to Taranto. The agreed freight rate stands at $12.35 per ton, with a time for shipment and incoming notification set at three days. The discharge rate is specified at 40,000 tons shinc (shipped in charter). This operation is scheduled to take place between January 16 and January 25, 2024. The charter is a result of a relet by Vale through Jera.

The vessel Ponta da Madeira has successfully secured a new charter, scheduled for delivery at Cape Passero. This contract includes a rate of $12,000 per day, along with an approximate ballast bonus of $325,000, facilitated by MOL. This significant deal underscores the ongoing demand for maritime services and highlights MOL's strategic positioning in the industry.