Working Conditions Aboard the Navios-Pollux

MOL has successfully finalized a new time charter for the vessel Cape Passero. The delivery took place at a strategic location, with the trip originating from Brazil and making a subsequent stop in Turkey. The redelivery of the Cape Passero is scheduled to happen back at the initial delivery point. The attractive charter rate is set at $24,500 per day, reflecting the ongoing demand in the maritime sector.

In a recent development within the maritime industry, Atlantic Coal & Bulk has successfully secured a new charter. The vessel is set for delivery in Ijmuiden between June 10 and June 15, with plans for redelivery from Skaw to Gibraltar. The agreement stipulates a competitive daily rate of $8,750, highlighting Atlantic Coal & Bulk's ongoing commitment to optimizing its operational capabilities in the shipping market.

On November 3, the 'Navios Pollux' made history by being the first fully laden Capesize vessel to dock at Rhenus Midgard’s newly expanded Niedersachsenbrücke jetty in Wilhelmshaven. This remarkable ship delivered the largest coal cargo ever received at a German port, carrying an impressive 171,477 tonnes of coal that it sourced from Puerto Drummond, Colombia. Setting sail on October 16, the 'Navios Pollux' completed its 19-day journey to Wilhelmshaven, a vital step for the region's energy supply. Following significant dredging of the Niedersachsen jetty’s mooring basin, it now stands as Germany’s sole port capable of accommodating fully laden Capesize ships, boasting drafts of up to 18.50 meters and a cargo capacity of 250,000 tonnes. Once at port, Rhenus Midgard efficiently unloaded the coal to meet the requirements of a local energy supplier. Notably, two-thirds of this substantial cargo was offloaded directly into the storage facilities of a nearby coastal power station, while the remaining third was stored at Rhenus Midgard's coal terminal for subsequent transportation via rail inland, adjusting to market demands. This logistical undertaking is facilitated by the company’s newly commissioned automatic train loading system, designed to handle block trains of up to 3,400 tonnes of coal.