Tony Sanchez

TSB: Atlantic Erie Grounds due to Faulty Visual Navigation

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

February 26, 2016 The ineffective visual navigation led to the grounding of the 39,000 dwt bulk carrier Atlantic Erie, which occurred on January 11, 2015 in Îles de la Madeleine, Quebec, the Transportation Safety Board of Canada (TSB) reported. Read More

GasLog Predicts Busier LNG Shipping Market

Posted By Tony Sanchez / Cargo News / 0 Comments

February 26, 2016 Owner and operator of LNG carriers GasLog Ltd has undertaken a number of financial transactions in order to remain strong in light of a prolonged downturn in the LNG shipping industry. Read More

Capesize Aground in Suez Canal, Convoys Delayed

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

February 26, 2016 A Panamanian-flagged Capesize bulk carrier identified as New Katerina ran aground yesterday in the Suez Canal having lost steering gear. Read More

Bulk Invest Creditors Oppose WB Chartering’s Sale

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

February 26, 2016 Oslo-listed Bulk Invest ASA said that some of its main creditors have requested a legal injunction, requiring a reversal of the sale of Western Bulk Chartering AS to Kistefos Equity Operations AS. Read More

Infographic: A Closer Look at Cruise Ship Accidents

Posted By Tony Sanchez / Shipline / 0 Comments

February 26, 2016 With a surge in the global cruise shipping fleet, the number of major cruise ship accidents has also increased. Read More

MOL Restructures Battered Dry Bulk Business

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February 26, 2016 Japanese shipping company Mitsui O.S.K. Lines, Ltd. plans to restructure its ailing dry bulk business division effective April 1, 2016, the company said. Read More

Baltic Exchange in Sale Talks with SGX, Others

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

February 26, 2016 Singapore Exchange Ltd has submitted a non-binding bid for the purchase of the Baltic Exchange, an iconic name in global shipping. Read More

Royal Caribbean Hit with Two Lawsuits for Alleged Negligence

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

February 26, 2016 Anthem of the Seas passengers have filed two lawsuits against the Miami-based cruise company Royal Caribbean Cruises Ltd stating the company’s alleged negligence as the reason. Read More

MV Rena’s Wreck to Remain on Astrolabe Reef

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

February 26, 2016 The wreck of the containership MV Rena, which grounded on Astrolabe Reef off Tauranga in October 2011, will be left in place along with its cargo and equipment, according to New Zealand’s Bay of Plenty Regional Council. Read More

Team Tankers International Shakes Up Fleet

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

February 26, 2016 Tanker owner Team Tankers International Ltd. has engaged in considerable reshuffling of its fleet with a dozen of vessel transactions carried out since November. Read More