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Engine malfunction off Akbaş

On the night of June 1, 2024, the 'Gloaria G', loaded with 66,000 tons of corn, en route from Yuzhny to Port Said, suffered an engine malfunction in front of Akbaş during the transit of the Dardanelles, under the coordination of the Çanakkale Vessel Traffic Services Center, the ship was taken in tow by the tugs 'Kurtarma 13', 'Kurtarma 14' and 'Kurtarma 16' at Nara Cape and was safely moored at the Şevketiye Anchorage in pos. 40° 25.17' N 026° 49.74' E. Video: https://x.com/kiyiemniyet/status/1796709735439139140

Four ships left Ukrainian Black Sea ports through export corridor

Four ships left Ukraine's Black Sea ports in the Odesa region on Oct 27, 2023, as shipping resumed via a new export corridor after a three-day break. The 'Propus', 'Iasos', 'Gloria G' and 'Manassa Queen' sailed from Odesa ports, while the tanker 'Mavka', the bulk carrier 'Golden Arrow' and the cargo m/v 'Maranta' were currently heading to Ukrainian ports. On Oct 26 the Kiev-based consultancy Barva Invest, British security firm Ambrey and a specialist newspaper, Ukrainian Ports, reported that Ukraine had suspended the use of the corridor due to a possible threat from Russian warplanes and mines. Ukrainian officials denied this, and President Volodymyr Zelenskiy said on Oct 27 that the corridor would continue to function despite the threats. Ukraine has used the corridor to try to restart its seaborne exports despite threats from Russia, which in July had canceled the UN agreement that had been concluded, which allowed some food to be exported despite the war. 23 ships were loading at the ports of Odesa, Chornomorsk and Pivdennyi as of Oct 26. So far, a total of 51 ships have used the corridor, 33 of which exported more than 1,3 million tons of Ukrainian agricultural products and other cargo.

Bulkcarried delivered to Navios Maritime Partners L.P.

Navios Maritime Partners L.P. announced on May 23, 2018, that it took delivery of the "Navios Symmetry" on May 21. The vessel was acquired for a price of US$11.0 million. The vessel was chartered out at a net rate of US$9375/d until July 2018. Based on the existing charter and the current rate environment (Clarksons’ one year time charter rate for panamax vessels as of 18 May 2018), the vessel was expected to generate approximately US$2.5 million of EBITDA for the first year, assuming maximum redelivery period from charterers, operating expenses approximating current operating costs and 360 revenue and cost days. The acquisition of the vessel was financed with cash on the balance sheet and US$7.15 million bank debt maturing in 2023 and bearing interest at LIBOR plus 300 bps per annum.