Reviews & Ratings for the Pacific-South

On September 18, 2021, the bulk carrier Pacific South encountered significant engine trouble while navigating through the busy traffic separation scheme (TSS) approximately 19.46 nautical miles from Terschelling, positioned at 53°22'41"N and 004°40'41"E. With a crew of 26 on board, the vessel's distress prompted the Dutch Coastguard to reach out to relevant tug companies for assistance. A Coastguard team, already nearby, instructed the Pacific South to vacate its location, as its presence was obstructing the passage of other vessels in the area. Subsequently, the vessel anchored safely at coordinates 53°22'39"N and 004°40'20"E, still about 19.5 nautical miles from Terschelling. By September 28, the Pacific South had been successfully moved to its new position at 52°32.18'N and 004°13.96'E, where it was moored at IJmuiden Anchorage.

In a significant development for the maritime industry, BHP Billiton has locked in a new trip charter for the transportation of 170,000 tonnes of iron ore from Port Hedland to Qingdao. The chartering agreement, priced at $7.85 fio, encompasses the loading of 80,000 tonnes on a shinc basis and the discharge of 30,000 tonnes on a shinc basis. This vital operation is slated for early October, reaffirming BHP's ongoing commitment to sustaining robust supply chains in the global ore market.

In a recent transaction, a vessel has been sold to undisclosed buyers for a significant amount of $33.5 million. The sale has captured the attention of maritime industry observers, although details about the buyers and the ship's specifications remain confidential. This deal highlights ongoing market activity and investment interest in maritime assets.