The MSC Flaminia on fire in the North Atlantic in 2012.
After an explosion and subsequent fire broke out in 2012 on board the containership MSC Flaminia, one that killed three crew-members and heavily damaged the ship and cargo, the owner Reederei NSB reports today she will soon be returned to service after extensive repairs were carried out at the Daewoo shipyard in Mangalia, Romania.
The vessel still bears the name MSC Flaminia, but the owner notes, she is “fundamentally optimized for the challenges of the current shipping market.”
Modifications include a new bulbous bow and new propeller which Bozidar Petrovic, Vice President at Reederei NSB notes will save upwards of 12 percent in fuel costs under ideal conditions.
In addition, the middle sections of the vessel were completely exchanged, the electric installation was overhauled and major parts of the superstructure were renovated, according to a press release today.
Want to catch a glimpse of the new ship? The company notes she will be calling at La Spezia, Italy on July 23rd.
The firm building what will become the largest port in India plans to raise as much as 300 billion rupees ($3.5 billion) of debt, giving lenders an opportunity to invest in one of the cornerstones of Prime Minister Narendra Modi’s infrastructure overhaul.
China’s largest shipping company is among the firms in talks to invest in a multinational consortium seeking to buy billionaire Li Ka-shing’s global ports, according to people familiar with the matter, in an effort to ease Beijing’s concerns over the controversial deal.
While global energy markets are not yet pricing in worst-case scenarios for the Israel-Iran war, oil tanker rates are providing a good real-time gauge of the escalating risks.
June 18, 2025
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