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Terrible news. Last night a car carrier sank after colliding with a container ship in the North Sea, with the loss of up to 11 crew. Anyone currently in northern Europe, where temperatures are bitter, will understand why the rescue mission is now focusing on finding bodies rather than survivors. Car carrier the Baltic Ace is said to be on charter from Ray Shipping, while the Corvus J is reportedly owned by Germany’s Jungerhans Reederei.