High Shipping Costs Are Here to Stay, Says Bloomberg
By Henry Ren (Bloomberg) Stubbornly high shipping expenses for businesses are getting sealed into contracts for the next 12 months, forcing companies to pass the extra costs on to consumers....
MV Sea Breeze, a 87-meter ship carrying 2,750 tons of limestone sent out a mayday call on Sunday as water began flooding into the vessel while 12 miles east of the Lizard, off the southwestern UK coast.
The Maritime & Coastguard Agency notes Lizard and Falmouth RNLI Lifeboats and a rescue helicopter from RNAS Culdrose were dispatched with additional pumps to help combat the flooding. Patrol ship HMS Tyne was also vectored to the scene with commercial pumps. The entire crew of six were transferred off the Sea Breeze as the possibility of her foundering became more apparent.
As of Monday morning however, a spokesman for the Maritime and Coastguard Agency notes that she has remained afloat overnight. The MCA comments:
“The Sea Breeze has been towed to St Austell Bay where repair work will take place to its damaged hull. Our surveyors will examine the cargo vessel to ensure it meets UK and international safety standards, once the repair work has been completed by the owners and operators.”
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