Topic
bulker
Logistics Shipping & Freight #fortescue#fleet
Fortescue Revises Fleet Procedures After Bulker Loses Propulsion Off Port Hedlan
Fortescue's shipping arm has introduced fleetwide engine management changes after its bulk carrier FMG Nicola lost propulsion while departing Port Hedland on February 7, 2025. The Australian Transport Safety Bureau (ATSB) found the shutdown was caused by an erroneous activation of a low lubricating oil pressure emergency shutdown switch. FMG International has upgraded testing procedures and introduced a standardised rapid-response protocol.
Jun 12, 2026 1 source
Logistics Shipping & Freight #greek#bulker
Icon Energy Ventures into Container Shipping
Icon Energy, a Greek dry bulk owner, is diversifying by acquiring a minority stake in a container shipping venture. The investment involves a 2,000 TEU feeder vessel chartered at $26,500 per day, generating $19 million over two years.
Jun 9, 2026 1 source