The Cape-Star: Crew Feedback and Vessel Data

In a brazen act of maritime crime, the cargo vessel 'Cape Star' fell victim to a pirate attack on December 17, 2024. The incident occurred at 11:53 AM local time, approximately 2.5 nautical miles northwest of Pulau Cula, located at coordinates 1°4.81' N and 103°41.9' E, within the eastbound lane of the Traffic Separation Scheme (TSS) in the bustling Singapore Strait. A group of five armed assailants, brandishing knives and gun-like weapons, boarded the ship and made off with crucial engine spares. Fortunately, there were no reported injuries during this alarming encounter. Authorities are currently investigating the incident as maritime security concerns rise in the region.

The Cape Star has successfully finalized a new charter arrangement to transport a substantial cargo of 160,000 tons of ore from Tubarao, Brazil, to El Dekheila, Egypt. This deal, brokered by Elcano, features a freight rate of $9.10 per ton for the full voyage, incorporating a scale load and an impressive discharge rate of 35,000 tons per hour. This spot charter is poised to optimize freight efficiency and bolster operations in the maritime trade sector.