hoang son sun: pirates cut out investor bagmen

The ship was released September 15 soon after her captors were paid USD 4.5 million in ransom. Investors in the piratical operation were shortchanged when the actual pirates left the vessel at 1900 hrs local without waiting for the bagmen for the backers.

Sinin: IRISL Bulker ransomed

Ransomed after bargaining for 182 days, Maltese flagged. The ship is now on its way to a safe port.

2002:- The Shipping Corporation of India will continue to be a partner with the Iranian government in the Irano Hind Shipping Co after disinvestment.

According to senior officials, New Delhi has conveyed to Teheran that it stands committed to the joint venture even after its privatisation which is expected to take place by next month.

SCI has a 49 per cent equity holding in the joint venture company which has a majority holding by the state-owned Islamic Republic of Iran Shipping Lines.

Sources said the reassurance to the Iranian government has been informally conveyed since the joint venture was conceived as a government-to-government partnership way back in 1974.

The government has decided to offload 51 per cent equity in SCI in favour of a strategic partner while at the same time passing off 3.12 per cent shares to the employees. The government currently holds 80.12 per cent stake in the public sector shipping giant.
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African Eagle: bulker uses electric shock fencing

AFRICAN EAGLE was fired upon by a skiff, approximately 30 nautical miles from Mombasa Kenya. The barbed wires and electrical fencings installed on the vessel prevented the pirates from boarding the Bahamas-flagged bulk carrier on 16 November 2010.
Ship Name: AFRICAN EAGLE
IMO: 9257046
MMSI: 311249000
Callsign: C6S2065
Flag: Bahamas

Category: Cargo
Beam: 27
Length: 178
Draught: 9.9

MUR Shipping Holdings B.V.(Netherlands) is the shipping division of a joint venture company between Mittal Steel South Africa and Macsteel International Holdings BV
MACSTEEL GROUP
The Macsteel Group is a global steel trading and distribution organization which employs over 7,000 people in 30 countries worldwide with annual sales exceeding USD 5 billion.
MITTAL STEEL
Mittal Steel South Africa Limited is the largest steel producer in South Africa producing 6 million tons of crude steel and exporting approximately 2 million tons worldwide from its four steelworks.

MUR SHIPPING
MUR’s shipping activities encompass the movement of approximately 25 million tonnes of cargo per annum worldwide.

This is managed through the control of between 90 to 130 vessels either on time charter or through ownership. These vessels range from 17000mt to 70000mt and include sophisticated tweendeckers, open hatch box shaped bulk carriers, craned self-discharging Handymax and Panamax vessels.

MUR’s activities are built on solid client relationships offering customized freight solutions for their various requirements. This is achieved through dedicated trade routes, usage of derivatives, control of port operations and use of specialized vessels.
The activities in the liner and breakbulk trades ensure regular sailings on numerous trade routes that shippers can rely on to move their cargoes.

MUR has over 20 regular trade routes which involve up to 50 monthly sailings and presently through the control of specialized vessels MUR offers the capability to carry project cargoes and a number of specialized shipments including pipes, industrial equipment, steel mills and hazardous cargoes.

Logistical capabilities have been developed through internal and external sources including the outsourcing of special skills where required. The aim is to add value and offer solutions to customers’ logistic chains

Metcon (Container Division)
Metcon was established to meet some of the container requirements of its shareholders. The division has fast established itself as a major provider of container freighting, clearing and forwarding expertise to the South African and international freight industry.

Southern Chartering
Southern Chartering, a Black Economic Empowerment joint venture of MUR, based in South Africa, brings to the group extensive experience in the mineral and alloy trades from Africa.

Eleni P: Pittas bulker hijacked

The Liberian-flagged MV Eleni P was headed to India when pirates seized it 250 nautical miles off the coast of Oman Wednesday morning May 12.
1339 9128025 ELENI P A8SI2 Bulker 72119 1997 Liberia

Registered Owner 1 : ELENI SHIPPING LIMITED

Management Company 1 : EUROBULK LTD.
Euroseas' operations are managed by Eurobulk Ltd., an ISO 9001:2000 certified affiliated ship management company


Ship owning interests of the Pittas family of Athens, Greece, which has been in the shipping business over the past 135 years.



Aristides Pittas, Chairman and CEO of Euroseas- in foto with professor Harilaos Psaraftis- commented: We are happy to pay a dividend of $0.29 per share which is $0.05 per share or 21% above our target minimum dividend of $0.24.

Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of drybulk and container carrier vessels and a provider of seaborne transportation for drybulk and containerized cargoes, announced today that it has declared a dividend of $0.29 per common share for the third quarter of 2007. The dividend is payable on November 28, 2007 to all shareholders of record as of November 5, 2007. This dividend marks an increase of 16% from the prior quarter's dividend of $0.25 per share.

Aristides Pittas, Chairman and CEO of Euroseas commented: We are happy to pay a dividend of $0.29 per share which is $0.05 per share or 21% above our target minimum dividend of $0.24. This dividend continues our policy of paying significant dividends out of earnings and reflects the further strengthening of the dry markets, the prime driver of our growth. Our focus remains to continue investing on accretive acquisitions to further enhance our returns.

About Euroseas Ltd.

Euroseas Ltd. was formed on May 5, 2005 under the laws of the Republic of the Marshall Islands to consolidate the ship owning interests of the Pittas family of Athens, Greece, which has been in the shipping business over the past 135 years. Euroseas trades on the NASDAQ Global Market under the ticker ESEA since January 31, 2007.

Euroseas operates in the dry cargo, drybulk and container shipping markets. Euroseas' operations are managed by Eurobulk Ltd., an ISO 9001:2000 certified affiliated ship management company, which is responsible for the day-to-day commercial and technical management and operations of the vessels. Euroseas employs its vessels on spot and period charters and through pool arrangements.

After the delivery to its fleet of the recently acquired panamax drybulk carrier, M/V Trust Jakarta (to be renamed M/V Ioanna P), the Company will have a fleet of 15 vessels, including 3 Panamax drybulk carriers, 2 Handysize drybulk carriers, 2 Intermediate container ship, 5 Handysize container ships, 2 Feeder container ships and a multipurpose dry cargo vessel.

Shen Neng 1: taking a Douglas Shoal shortcut?

The Cosco group did not respond to inquiries about Chinese-registered bulk coal carrier Shen Neng 1, aground off the coast of Rockhampton, Australia, 05 Apr 2010.
The Great Barrier Reef stretches for more than 2,500 kilometers along Australia's northeast coast. It covers an area bigger than the United Kingdom and is largest living structure on earth. It is home to hundreds of thousands of species of marine life, many of which are rare.

Speculation has mounted about the possibility that the ship was taking a shortcut.
An MSQ spokesman said the passage was possible, but "poorly executed" by the Shen Neng 1 which was obviously "well outside the shipping lanes".
Commercial and non-commercial fishermen said they saw at least one bulk carrier duck south of Douglas Shoal every day.

Frigia: Garanti bulker hijacked closer to India

Frigia IMO: 7507485
Malta flagged Turkish owned (Garanti Finansal Kiralama, a subsidiarty of Turkiye Garanti Bankasi AS, Istambul) cargo ship MV FRIGIA, deadweight 35,000 tonnes. The captain of Malta-flagged Frigia reported March 23 AM to the ship’s owner that pirates were on board while the vessel was traveling from Egypt to Thailand. The ship was 450 n-miles outside the area where the anti-piracy force operates about 1000 n-miles from Somalia, which is closer to India than Somalia. It was originally heading east, but is now heading west and appears to be heading towards Somalia. The vessel has a 21-member crew, made up of 19 Turks and two Ukrainians. The ship is carrying phosphates and potash,

Garanti Finansal Kiralama A.S. (Garanti Leasing) reflect the risky operating environment, the small size, limited business and geographic diversification, and weak wholesale funding profile of the company. Offsetting these negative factors are the company's ownership by, and strong expected financial support if needed, from Türkiye Garanti Bankasi A.S. (Garanti; BB-/Negative/--), as well as its leading commercial position in its niche market, good asset quality, and strong management. The long-term rating on Garanti Leasing benefits from a one-notch uplift from its stand-alone credit quality, as Standard&Poor's Ratings Services considers it to be a strategically important subsidiary of Garanti. Garanti Leasing is the largest leasing company in Turkey.

NAVIOS APOLLON: Panamanian bulker hijacked

Ms. Angeliki Frangou, chairman and Chief Executive of Navios Maritime Holdings




NAVIOS APOLLON IMO:9211145
Kleimar N V
Navios Shipmanagement Inc

NAVIOS Maritime Holdings has confirmed that its 52,068 dwt bulk carrier Navios Apollon was attacked 800 miles off the coast of Somalia on Monday.
Navios in Greece lost contact with the Panamanian-flagged vessel, owned by Navios Maritime Partners, and the last contact from the ship was a report that armed men were boarding the vessel.

Irene E.M.: helicopter brought ransom

Irene E.M. ex: Maria C.K.

"We already left the vessel

Irene E.M. (Ex:Maria C.K.)

and now we are dividing our money. A helicopter brought the cash this morning."

VC-flagged Irene E.M in the middle of the night

The Irene E.M was attacked and seized in the middle of the night Tuesday The M.V. Irene E.M., a Greek-managed bulk carrier sailing from the Middle East to South Asia was flagged in the Caribbean island nation of St. Vincent and the Grenadines (VC) and carried 23 Filipino crew
IRENE E.M
Vessel's Details:
Ship Type: Cargo
Year Built: 1980
Length x Breadth: 0m X 0m
DeadWeight: 35025 MT
Speed recorded (Max / Average): 11.7 / 10.6 knots
Flag: St Vincent Grenadines [VC]
Call Sign: J8B2571
IMO: 7433593, MMSI: 377177000

ANRAL SHIPPING LTD.

MV Titan, St Vincent-flagged, taken by pirates

8117146 TITAN J8WJ2
Bulk Carrier dwt 43214 gt 24.843
built 1983 11 sumitomo
Saint Vincent & The Grenadines


vessel TITAN
Source callsign: J8WJ2
MMSI number: 376964000
IMO number: 8117146
Navigational status: Under way (engine) (0)
Vessel class: Cargo (70)
Destination: PORTSAID (ETA 20090313140000)
Last position: 2009-03-12 07:51:37 UTC (8d 5h18m ago)
Location: 36°9'6" N 27°9'24" E - locator KM36ND86TJ
Course: 136° - heading 134°
Speed: 13 MPH
Dimensions: length 190 m width 31 m draught 8.2 m

Germans rescue bulker Wadi Alarab

National Navigation Company - Wadi Alarab (Egyptian flag)
LR+100A1 BULK CARRIER""STRENGTHENED FOR HEAVY CARGOES HOLD NO.2,4 MAY BE EMPTY, HOLD NO.4 MAY BE USED WATER BALLAST + LMC,UMS,ICE CLASS.

delivered 19, OCTOBER 1995

FAX NO. (INMARSAT A) 1622670

Just days after joining the EU Operation Atalanta antpiracy mission, the German frigate Karlsruhe yesterday foiled an attack in the Gulf of Aden by Somali pirates

The frigate was notified yesterday morning that the Egyptian bulk carrier Wadi Alarab was under attack. Although the bulker was not directly under Operation Atalanta protection, the frigate sent one of its two helicopters in response.

The helicopter fired a warning round and the pirates gave up the attack, though not before wounding one of the bulker's 31 crew members.

Subsequently boats from the Karlsruhe captured six of the pirates. They were disarmed but later released on orders from Berlin. Current German law and rules of engagement apparently only permit pirates to be detained when there has been injury to German property or persons.