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In a dramatic rescue operation on May 20, 2025, the container ship 'Cosco Development' (IMO: 9472139) came to the aid of 30 fishermen whose Indonesian-flagged fishing vessel, 'Pacific Memory II', had...
In a recent auction, a vessel has been sold for an impressive $14.95 million, complete with financial obligations. The identity of the buyers remains undisclosed, leaving industry speculation about wh...