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Crude oil tanker New Medal (156702 gt, built 2009), carrying a cargo of 290,000 tonnes of crude oil on board, experienced an engine failure shortly after its unloading, forcing an emergency manoeuvre to clear it from the Almirante Maximiano da Fonseca-Tebig terminal in Ilha Grande Bay in Angra dos Reis, Brazil, at 0530 hrs, Oct 13. Subsequently, the incident disrupted the operations in the terminal. The tanker was manoeuvred away from the terminal with the help of five port tugs boats. There was no room for the vessel to turn freely without risk of collision, so the pilot had to lift the anchor and move the tanker to a safer position. Twelve hours after the incident, the tanker's engines were repaired, and the vessel was able to move to the anchorage area. An inspection of the tanker will be conducted before it will be permitted to leave port

China VLCC has entered into agreements to sell two of its six- to seven-year-old VLCCs to Marshall Island-registered entities for a total price of $133m. China VLCC, which is a 51:49 joint venture between China Merchants Energy Shipping (CMES) and Sinotrans, has agreed to sell a 297,600-dwt and a 297,400-dwt vessel to the single-ship companies Tilos Shipping Corp and Delos Shipping Corp. The former vessel could be New Medal (built 2009) or New Coral (built 2010); the latter vessel could be New Founder (built 2008) or New Talent (built 2009), according to shipping databases. The sales agreements are subject to approval by China VLCC’s board of directors. No further details about the deal were disclosed. http://splash247.com/china-vlcc-sells-two/

The NEW MEDAL, a VLCC, is understood to be #54 on the list of 113 vessels banned from entering Nigeria waters per the NNPC. However, the NEW MEDAL is continuing its voyage towards Bonny, Nigeria maintaining an ETA AIS declaration of 11 August. To achieve this ETA, the vessel needs to proceed at about 14knots. Currently, the NEW MEDAL is offshore Cape Town, which may explain its speed adjustments over the last 3 days, now proceeding at only 9knots. Get updates: http://info.genscape.com/vesseltracker