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WEEKLY FID LODGEMENTS

Sourced from FTalliance.com 17-09-26

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TURKISH POLICE SEIZE 350KG OF COCAINE FROM BULKER'S SEA CHEST

The police and narcotics units from Turkey’s Ministry of Justice reported a major cocaine seizure recovered by divers examining a sea chest on a bulker docked in the port of Mersin.

The port is increasingly becoming a center for drug smuggling, while reports also show that smugglers are increasingly using sea chests to conceal narcotic smuggling.

The Mersin Chief Public Prosecutor’s Office and the police reported they were acting on intelligence that a large quantity of narcotics was coming from South America to the port. They were searching vessels coming from South America docked at the port when the divers located the shipment concealed in the sea chest of a bulker docked in Mersin.

Justice Minister Akin Gurley told the media that the vessel was the CSPC Pisces (84,500 dwt). Records indicate that the Chinese-owned bulker, which is registered in Liberia, had departed Brazil and made a stop in Tarragona, Spain, before reaching Turkey on September 11th.

The divers recovered 12 large packages from the sea chest with approximately 350 kg of cocaine. The authorities estimated the value at nearly $31 million. They also recovered diving equipment and an underwater sea scooter. Nine people were taken into custody during the investigation believed to have been aiding in the smuggling.

The discovery comes as the maritime AI intelligence company Windward issued a recent analysis concluding that smugglers were increasingly using the sea chest to conceal smuggling. It found 20 confirmed instances since 2017 while concluding the crew of the vessel are often “unwitting” accomplices. They write that the smugglers favor bulkers and tankers because of their predictable routing and long port calls, which allow divers to recover the smuggled narcotics.

QINGDAO SHIPYARD FIRE KILLS 25 DURING OCEAN MELODY REPAIR WORK

A fire aboard the dry bulk carrier Ocean Melody during repair work at a major Chinese shipyard has killed 25 people, making the incident one of the deadliest recent accidents involving commercial vessel maintenance in China.

The fire broke out at about 11:15 a.m. local time on September 10th while the Liberian flagged vessel was undergoing repair and inspection work at Qingdao Beihai Shipbuilding Co., part of state owned China State Shipbuilding Corporation, or CSSC, in Qingdao, Shandong province.

Chinese authorities said 42 people were aboard the vessel when the fire started. Twelve were evacuated safely and five injured people were taken to hospital, where their conditions were reported as stable. The remaining 25 were initially listed as missing.

By 7:24 p.m., rescuers had located all 25 missing people and none showed signs of life, bringing the confirmed death toll to 25.

The fire was extinguished at around 2:30 p.m., roughly three hours after it began. Emergency management personnel, firefighters, police and medical teams were deployed to the yard during the response.

The vessel involved has been identified as Ocean Melody, a 20 year old Liberian flagged dry bulk carrier.

LSEG ship tracking information cited by Reuters identifies the vessel as being managed by Yuyangkunpeng Shanghai Ship Management, with Huili Shipping Co Ltd listed as its registered owner. The ship arrived at the Qingdao shipyard on August 31st and had remained there before the fire.

The vessel was built in 2006 and has a deadweight capacity of about 55,700 tonnes.

Its presence at the yard placed the accident firmly within a ship repair environment rather than during normal cargo operations. That distinction will be important for investigators because repair periods can involve simultaneous work by ship crews, yard personnel and contractors in confined sections of a vessel.

KEY SAUDI PIPELINE COULD BE SLOWED FOR WEEKS, AFFECTING GLOBAL OIL TRADE

Recent attacks on Saudi Aramco's East-West Pipeline have raised concerns in the oil market about the continued availability of cargoes. The concern appears to be justified: officials familiar with the damage assessment believe that it will take 3-5 weeks for pipeline flow to be fully restored, according to the AP.

Given the size of the oil supply in storage sites to seaward of the pipeline damage, Aramco's Red Sea stockpiles could run low and its export loadings could begin to slow by the end of the week.

The most significant impact of the pipeline attack was the destruction of a large pumping station, which is needed to maintain pressures and flow rates over the 750-mile length of the line.

The station was thoroughly destroyed in the attack, officials say. Satellite imaging shows construction under way on a bypass line around the pumping station, which may allow operations to resume at a lower rate while repairs are under way. Officials told AP that they were not certain just how much oil the line would be able to move without the station to boost pressure

Saudi Red Sea loading terminals, which have lately accounted for about four percent of the total global oil supply, will be closely watched in the week ahead. Benchmark Brent crude settled at $106 on Monday, reflecting expectations of a tight market in months to come.

As predicted by many analysts, a Saudi official confirmed to Bloomberg on Monday that Saudi Aramco's efforts to ship oil through the contested Strait of Hormuz would be increased in order to offset the impact of the pipeline shutdown, despite the risk of Iranian attack in the narrow waterway.

Hormuz flows have ticked radically upward over the past week on the back of increased "shuttle tanker" activity between the Arabian Gulf and the Gulf of Oman. Increased Saudi activity on this route would help offset any impact from a slowdown at Yanbu.

QUEENSLAND FREIGHT COMPANY FINED RECORD $158,400 FOR MIGRATION BREACHES

A Queensland freight company has been issued a $158,400 infringement notice for alleged breaches of the Migration Act 1958, following an extensive investigation by Australian Border Force (ABF) officers from the Department of Home Affairs.

IMPORT INDUSTRY ADVICE & NOTICES

Department of Agriculture and Australian Border Force notices

WORLD SHIPPING COUNCIL CALLS FOR IMO ACTION ON LITHIUM BATTERY CARGO SAFETY GAP

The World Shipping Council is urging governments to close what it says is a dangerous loophole in international shipping rules that can allow containers packed with thousands of lithium batteries to move without carriers knowing they are onboard.

FROM DALI TO TITAN, NTSB FINDS THE SAME SAFETY PROBLEMS REPEATING

The Dali bridge collapse, the implosion of the Titan submersible and the deadly fire aboard the Grande Costa D’Avorio are among 49 marine casualties highlighted in the National Transportation Safety Board’s latest review of accidents and the lessons behind them.

PIRATES HIJACK BULKER OFF YEMEN IN THE 25TH RECORDED INCIDENT OF 2026

Reports are coming in of a new vessel hijacking that happened on September 10th, south of Yemen. The monitoring authorities issued alerts about a bulker that was approached and appeared to have been boarded while assets assigned to the EU operation Atalanta were investigating the situation.

MARINE INSURANCE - WE ALWAYS RECOMMEND IT - WATCH THIS VIDEO TO SEE WHY

We always reccomend taking out marine insurance on your cargo, a shocking scene at the Ambarli-Marpot Port in Istanbul, Turkey only furthers this point.

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