Chrysopigi: A Tale of Incidents, Transactions, and New Endeavors

The maritime industry has seen its share of challenges and transitions, and the Chrysopigi exemplifies this dynamic narrative. On February 4, 2018, this tanker was involved in a significant incident when it collided with the barge "Rising Sun Ihi" while the latter was entering the Haifa port. The incident occurred around 7 p.m., resulting in the barge losing steering capabilities during its construction efforts to extend the port's breakwater. The collision caused considerable damage to the "Rising Sun Ihi," including the loss of its starboard quarter kedge anchor and inward dents in its watertight compartments. Fortunately, the vessel did not experience water ingress, and after assistance from the owners' tugs, it was successfully refloated by February 10, with plans to tow it to dry-dock in Turkey for repairs.

In a swift turn of events, the Chrysopigi was sold for a substantial US$ 13.50 million to Ancora, a transaction highlighting a robust market for tankers amidst operational challenges. This sale marks a significant step in the vessel's journey, transferring ownership and possibly opening new strategic avenues.

Furthermore, the new owners have swiftly made moves to put the vessel back to work, securing a charter agreement with Shell for a lucrative rate of $12,750 per day over a one-year term. This contract not only reflects confidence in the vessel's capabilities post-incident but also indicates a busy operational future for the Chrysopigi, demonstrating resilience in the ever-evolving maritime landscape. As the industry continues to navigate through incidents, sales, and charters, the journey of the Chrysopigi serves as a significant case study of recovery and adaptation.