News from Astrolabe Reef this morning is that Rena has survived the night but is lively - listed 23 degrees to starboard, rolling in the heavy North-easterly swell and 5 degrees 'bow down' on the reef.
Containers and timber in the water are drifting out in to the Bay of Plenty in the 40 knot South south-easterly gale. One the AM's sources predicts Rena will be free of the Astrolabe Reef sometime mid-Sunday.
Dynacom Tankers snaps up VLCC from K Line - Greek owner Dynacom Tankers has acquired 2004-built VLCC from Japanese owner K Line. According to a report by Clarkson, the Japanese-built tanker attrac...
3 hours ago