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In a significant development in the maritime industry, a vessel has been officially sold to breakers. This transaction marks another chapter in the ongoing evolution of sea trade and asset management....
On the morning of July 18, 2017, the tanker 'Kriti Sea' ran aground in the Çanakkale Strait due to a technical malfunction, becoming lodged off Cape Nara. The vessel, which had departed from Marsaxlok...