What Crew Members Say About Queen-Win

In a significant move within the maritime industry, Conti Holding has successfully offloaded their Supramax vessel, the ‘Almandin’. This 57,000 DWT bulk carrier, built in 2010 at Jiangsu Hantong in China, has been sold to undisclosed buyers for an impressive sum of $9 million. The vessel’s last drydocking was completed in November 2020, adding to its market value. This sale marks another chapter in Conti Holding’s dynamic portfolio management and reflects the ongoing demand for quality shipping assets in the market.

Panocean has successfully finalized a new time charter agreement, marking a significant step in their operational strategy. The vessel was delivered in Mumbai and is set for redelivery in the Philippines. This charter, valued at $12,000 per day, will primarily facilitate the transportation of petroleum coke (petcoke), a critical commodity in various industrial applications. This move underscores Panocean's commitment to enhancing its logistics capabilities and expanding its market reach in Southeast Asia.

On April 22, 2014, at approximately 2 p.m., the bulk carrier 'Almandin' experienced a serious incident in the port of Brake when its mooring ropes suddenly failed. The disaster led to substantial damage, with the stern railings of the vessel suffering severe impacts from a wire at the rear, which snapped under pressure. The incident occurred as the 'Almandin' was being overtaken by another vessel, generating strong suction that contributed to the unwanted movement of the ship. Authorities have suggested that the crew may not have properly secured the mooring lines, given their apparent unfamiliarity with the local currents and tidal conditions. This oversight resulted in the mishandling of the bow and stern wires, which contributed to the incident and an estimated damage cost in the thousands of Euros. Following the event, the 'Almandin' resumed its journey, departing from South Pier in Brake on April 26, bound for Moerdijk with an estimated time of arrival on April 27. For further details, a comprehensive German report including photographs can be accessed [here](http://www.nwzonline.de/wesermarsch/blaulicht/leinen-peitschen-in-die-heck-reling_a_14,7,808490331.html).