What Crew Members Say About Chang-Yang-Jin-Hai

The M/V VIVIAN, with a deadweight tonnage of 75,735 DWT and constructed in 2002, has successfully landed a new charter agreement. Scheduled for delivery in Singapore between April 14 and April 16, the vessel will commence operations under the charter of Panocean for a period ranging from 4 to 8 months. This contract marks a significant step for Panocean, with the charter rate set at $6,500 per day, enhancing the company’s operational capabilities in the maritime sector.

In a significant maritime development, the bulk carrier 'Vivian' was seized in Singapore on April 13, 2016, at 11 p.m. The arrest was sanctioned by the Supreme Court of Singapore in response to legal action taken by Rajah & Tann Singapore LLP. While the specifics surrounding the reasons for the arrest remain undisclosed, such measures are typically implemented in cases of financial disputes or unpaid debts. The 'Vivian', under the management of China's Far East Horizon, holds an estimated value of $4.79 million, marking a noteworthy incident in the shipping industry.