Read Authentic Ratings for the Ocean-Rosemary

In a recent transaction, a vessel has been sold to breakers at a price of $347 per ton. This sale marks a significant event in the maritime industry, highlighting the demand for ship recycling and the ongoing changes in the shipping market. As the industry adapts to evolving economic conditions, such transactions continue to play a crucial role in fleet management and sustainability efforts.

A recent maritime transaction has seen a vessel changing hands for around $4.4 million. The sale was finalized with undisclosed buyers, marking another significant movement in the shipping industry. Details about the vessel and its previous ownership remain limited, but this deal highlights ongoing interest in maritime assets despite fluctuating market conditions.

On the evening of September 27, 2018, the bulk carrier "Armata" encountered issues during discharge operations at Chittagong Port. At approximately 8:30 p.m., the ship touched the bottom due to low tidal conditions. The vessel had previously berthed at Jetty No. 4 at around 3:30 p.m., with a channel depth of 6.22 meters while the Armata had a draft of approximately 8.15 meters, raising concerns about potential hull damages. A joint survey was conducted by the vessel's crew and charterers' surveyors on the night of September 28, confirming no structural damage to the ship. However, on September 29, at about 8:30 a.m., the Armata faced another grounding incident, once again caused by low tide.

Seatrek has announced the prompt delivery of a new time charter based out of Singapore, with an operational route that includes a stop in Vietnam. The vessel is slated for redelivery on the East Coast of India, specifically targeting the Bangladesh market. This charter agreement offers a lucrative rate of $9,000 per day, indicating a strong demand for limestone transportation in the region.