ORIENT DISPATCH

Type Date of Build FlagValue RegisterValue Port of Regestry
Bulk Carrier 2013-07-01 Cyprus LIMASSOL
IMO Number Official Number Call Sign
9522908 9522908 5BUH3
Legnth Breadth Gross tonnage Net tonnage Deadweight tonnage
186.4 27.8 22683 12342 36892

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Maritime News

American Commercial Barge Line Names Ellis as CEO

American Commercial Barge Line Names Ellis as CEO

15 minutes ago
U.S. inland barge transportation company American Commercial Barge Line (ACBL) has named Mike Ellis as the company’s new chief executive officer and a member of its board of directors, effective August 17, 2020.Ellis will take the helm following ACBL's recently completed Chapter 11 recapitalization and restructuring, succeeding retiring president and CEO Mark Knoy, who has led the company since 2011.“Following a thorough search, we are delighted to welcome Mike Ellis as ACBL’s new CEO, beginning a new chapter in the company’s 100+ year storied history,” said John Giles, ACBL’s chairman of the board.
Ship Orderbook Shrinks to 17-year Low -BIMCO

Ship Orderbook Shrinks to 17-year Low -BIMCO

2 hours ago
The total orderbook for dry bulk, container and tanker ships has reached its lowest point in 17 years as COVID-19 has massively slowed contracting (-50%) while deliveries of new vessels have proved more resilient (-2%).The orderbooks for bulk carriers and containerships in particular have fallen sharply. At 63.4 million deadweight tons (DWT), the dry bulk orderbook is at its lowest level since April 2004 and 34.7% smaller than 12 months ago. Similarly, the orderbook for containerships has fallen 10.3% in the past 12 months to its lowest level since September 2003.The fall has left the orderbook to fleet ratio at its lowest level in many years at just 7.7%.
Container Losses in the Rolling Seas

Container Losses in the Rolling Seas

5 hours ago
Cargoes have come off ships at sea it seems like forever. Some years ago a ship suffered a casualty transiting the English Channel in a storm. Much of its cargo of lumber and other floating items washed ashore on the southwest English coast. Before the authorities could arrive, enterprising local residents gathered it up.Nowadays, the majority of non-bulk cargo is carried in containers. Container ships have gotten larger and are capable of carrying thousands and thousands of containers. The ships have greater length, greater breadth, and greater draft. They also have greater air draft.
Insurers Discuss Container Casualty Causes

Insurers Discuss Container Casualty Causes

4 hours ago
Handling of steel boxes throughout the shipping, ports and logistics supply chain has historically grown exponentially, putting strains on a range of operational procedures and the physical hardware employed to handle the steel boxes, particularly onboard ships. A recent webinar organized by the Thomas Miller managed insurance mutuals, container freight specialist TT Club and protection & indemnity insurer, UK P&I Club, revealed the diverse range of factors important to safe container ship operations and the security of the container stacks they carry.
Euronav Posts Record Q2 Result, but Says Floating Storage Demand Dissipating

Euronav Posts Record Q2 Result, but Says Floating Storage Demand Dissipating

7 hours ago
Belgian tanker operator Euronav reported record-high second-quarter earnings on Thursday but warned that floating storage demand had eased sooner than it expected.The company, which operates shipping and storage of crude oil, benefited from soaring demand for oil storage at sea as buyers struggled to find storage space on land for surplus crude during a global economic slump caused by the coronavirus pandemic.“Tanker markets continued to deliver strong earnings throughout Q2 and into the early part of the third quarter", Chief Executive Hugo De Stoop said in a statement, but noted floating storage requirements declined sooner than it expected.