What Crew Members Say About Mineral-Faith

Classic Maritime has successfully finalized a new charter agreement that spans 12 months. The deal, which will take effect at the end of August 2023 in China, is set at a daily rate of $19,900. This strategic move marks a significant milestone for the shipping company as it navigates the dynamic maritime market.

On August 31, the bulk carrier 'Mineral Faith' was successfully refloated and anchored at the Suez South Anchorage following extensive efforts by multiple tugboats over several days. The vessel, which was transporting iron ore from Narvik to Suez, was intentionally tilted to free it from grounding. This grounding incident marked the first reported event since the recent expansion of the Suez Canal, allowing two-way traffic as of August 6. For a glimpse of the situation, view the photo here: https://static.vesselfinder.net/images/media/9d1e9216eaf382d3356543b2cc0fdaf0.jpg.

On August 25, at 2:30 PM, the bulk carrier 'Mineral Faith' experienced a grounding incident at the 101 km mark in the Suez Canal. By the midday hours of August 26, the vessel remained aground; however, it was confirmed that shipping traffic continued to flow without disruptions. The 'Mineral Faith' was on its journey from Narvik, Norway, to Suez, Egypt, at the time of the grounding event.