Shipping made headlines in the mainstream media throughout August for all the wrong reasons. On August 4, a gigantic explosion decimated Beirut port. The source of the inferno was 2,750 tonnes of ammonia nitrate that had originally entered Beirut on a decrepit vessel that was abandoned in Lebanon seven years ago. The final death toll from the accident is expected to be above 200, while insurers are bracing for a $3bn bill.
The Japanese-owned Wakashio newcastlemax, which...
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