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Casualty file

We begin this week’s round-up of casualty news with a stark warning from the International Maritime Organisation (IMO) over a hijacked Greek VLCC.

Secretary general Efthimios Mitropoulos raised the spectre of an “environmental catastrophe” should the Maran Centaurus ground off Somalia amidst reports of worsening weather and unsafe anchorage conditions.

(View the weekly WebTV report in the media player at right.)

It has been a quiet two weeks off the East African coast but a Greek bulker and Ukrainian crew were freed after over seven months in captivity. The Ariana was released after a ransom reported to be as high as $2.8m was paid last week.

Another Greek bulker was hit by three grenades in a sustained attack far out into the Indian Ocean last week. The Coral Globe sustained some damage but managed to evade capture by pirates.

Eight seafarers were rescued but four others remain missing after their Togo-flagged ship sank off Israel and Turkey’s Tuzla shipyard complex witnessed yet another death.

Polembros was barred from US ports and territorial waters for three years following a pollution case involving its bulker Theotokos while another report in the US blamed the officers of a ship for a collision with a dredger.

Published: 15:10 GMT, 15 Dec 09 | updated: 15:10 GMT, 15 Dec 09
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Dalian lower

China’s second largest oil port sees full-year profits come in over one quarter lower than a year ago.

06:41 GMT, 10 Mar 2010
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Melbourne up

Australian port makes strong start to 2009 with 12% year-on-year increase in container volumes.

02:29 GMT, 10 Mar 2010
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Morten minted

Overseas Shipholding Group, led by Morten Arntzen, drags in nearly $160m from a share issue.

16:33 GMT, 09 Mar 2010
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Subsea shift

Helix Energy Solutions is offloading its oil and gas subsidiary to bankroll expansion in the subsea sector.

16:26 GMT, 09 Mar 2010
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Vitol tears veil

Oil trader gets green light to pursue wider ownership interests of Greek Kalogiratos family.

15:39 GMT, 09 Mar 2010
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Heron helped

UK lifeboat stabilises Van Oord dredger that took on water and began to list off Wales.

15:36 GMT, 09 Mar 2010
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Hong Kong falls

Chinese territory's container volumes down 14% in 2009, but fourth quarter picks up.

15:07 GMT, 09 Mar 2010
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Kamsarmax fixed

Polys Hajioannou's Safe Bulkers pens a new contract for one of its ships axed by Daiichi last year.

14:31 GMT, 09 Mar 2010
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Aframax action

Brazilian oil giant Petrobras is ready to ink a time charter deal for a tanker tender lasting three years, brokers say.

13:48 GMT, 09 Mar 2010
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Pac Basin bound

Tonnage-hungry Pacific Basin buys Cido Shipping bulker for $26m, brokers say.

12:50 GMT, 09 Mar 2010
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Essar for sale?

Indian shipowner tight lipped on reports that a large stake may be divested to augment London listing.

12:29 GMT, 09 Mar 2010
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Opening up?

North Korea reportedly awards port leases to Russia and China as it seeks infrastructure investment.

12:21 GMT, 09 Mar 2010
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