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On December 23, recovery efforts on the Hongyuan 02 made significant progress as most of the containers were successfully lightered. Despite the bow of the vessel being submerged, the hull remained st...
On December 15, 2016, at 11 p.m., the container vessel 'Hong Yuan 02' (宁波籍集装箱船“鸿源02”) experienced a grounding incident on a reef located to the west of Small Huanglong Island, positioned at 3...
In a notable transaction within the maritime industry, a vessel has been successfully sold to Polaris Shipmanagement Co. Ltd., based in Singapore. This strategic acquisition is expected to enhance Pol...