Reviews & Ratings for the Ocean-Fleet

On March 17, 2022, the 'Lucky Sea,' carrying a crew of 23, experienced an engine malfunction while navigating approximately 2.8 nautical miles from Piraeus anchorage, at coordinates 37 52 51 N, 023 33 19 E. The local port authority promptly revoked the vessel’s departure permission following the incident. As a result, the ship was secured at Piraeus anchorage until necessary repairs were made and inspections conducted by the classification society. After resolving the issues, the 'Lucky Sea' set its course for Port Said, with an estimated time of arrival on March 20.

In a remarkable achievement, a vessel has recently been sold for an impressive USD high of $6 million. This transaction marks a significant milestone in the maritime industry, reflecting the growing demand for high-value ships. As the market continues to evolve, prices like this highlight the lucrative opportunities available for vessel acquisition and investment. Stay tuned for more updates on maritime sales and trends.

The bulk carrier m/v Star Cosmo has been released by the authorities in Garrucha, Spain, after the owners paid a hefty sum of 340,000 euros. The vessel, identified as a suspect in water pollution incidents within Spanish waters, was first detected by aerial surveillance on May 8. Following an investigation, the Star Cosmo, with an IMO number of 9262637, was docked in Garrucha on July 13 and subsequently detained. This vessel, weighing 52,247 dwt, was constructed in 2005 and sails under the flag of the Marshall Islands. The management of the Star Cosmo falls under Union Commercial, based in Greece. Ongoing legal proceedings are expected as the situation unfolds. For more details, visit http://www.odin.tc/mbbs22/indexes/fullnews.asp?iid=233.