Red Sea premiums tempt opportunistic operators, despite major Houthi attack
Smaller shipping lines are continuing to operate in the Red Sea, despite a major attack ...
Shanghai Salvage Company (SCC) has been signed to remove the burned-out wreck of the X-Press Pearl.
Cargo on the box ship caught fire in May off the coast of Sri Lanka, and the blaze spread through the vessel which eventually sank in shallow water. The ship now sits on the seabed with its superstructure above the waterline.
SCC has established a salvage team and has started to assemble the necessary equipment for the work, said vessel-owner X-Press Feeders, adding the plan was to ...
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