Spot Rate Slump Threatens to Sink Carrier Profits
Container spot freight rates on the main east-west deepsea trades witnessed more declines this week, as a combination of weak demand and excess supply of slot capacity prevailed.
MOL Charisma. File Photo: MarineTraffic.com/Christian Schmarje
The MOL Charisma is back underway today following a fire in a cargo hold earlier this month off Sri Lanka.
Hapag-Lloyd confirmed the incident in a Sept 3 service update to customers.
“We have been informed that the vessel MOL CHARISMA (voyage 211W), deployed in our Pacific South 3 (PS3) service has experienced a fire incident in No.5 Cargo hold on 1st September 2020 at approximately 250 miles east from Colombo, Sri Lanka during her voyage from Port Kelang, Malaysia to Nhava Sheva, India. The fire is under control after discharging CO2 into No.5 Cargo hold and the vessel is currently in Colombo, Sri Lanka, awaiting inspection,” the update said.
No injuries or pollution was reported.
AIS ship tracking data as of Tuesday showed Bahamas-registered MOL Charisma as ‘Underway Using Engine’ at a speed of 14.3 knots with a destination of Singapore.
After completing its current voyage MOL Charisma was scheduled for deployment on Hapag-Lloyd’s Indamex service connecting the Indian subcontinent with the U.S. East Coast. Instead, it will be replaced by the MOL Courage, Hapag-Lloyd said.
Hapag-Lloyd is a founding member of THE Alliance along with NYK, MOL and “K”Line, which merged to become Ocean Network Express (ONE), and Yang Ming.
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