MANAMA – HMS MONMOUTH (F235), operating under the Combined Maritime Forces, came to the aid of the MV CARAVOS HORIZON who had come under attack in the Southern Red Sea.

The Maltese-flagged, Greek-owned MV CARAVOS HORIZON, a 69,000 ton bulk carrier, was on passage south through the Red Sea when boarded by six armed men. The 24 Filipino crew took shelter in the ship's citadel (a secure room within the ship).

MONMOUTH, known as the "Black Duke", was patrolling 90 miles to the South when alerted to the situation. The Combined Task Force (CTF) 151 Commander, Captain James Gilmour of the Royal New Zealand Navy tasked MONMOUTH to respond to the distress call and the warship immediately diverted, accelerating to top speed to intercept the vessel.

An agreement has been reached between Iason Hellenic Shipping Co. Ltd (IHS) and SPP Shipbuilding Co. Ltd (Korea) to upgrade the two (2) 81,000 dwt Kamsarmax dry bulk vessels originally on order to the latest 82,000 dwt Kamsarmax design recently launched by SPP Shipbuilding Co. Ltd.

In exercising the option to upgrade to the newest design, our principals will benefit from the increased transportation capacity, more powerful and efficient engine and overall further improved specifications currently available.


Iason Hellenic Shipping Co. Ltd (IHS) has reached an agreement with Zhejiang Ouhua Shipbuilding Co. Ltd in China for the construction of an 82,000 dwt Kamsarmax dry bulk vessel to be delivered in Q2 2012. Hull Nr. 620 has been designed and will be constructed under the auspices of Lloyd’s Register of Shipping.

The vessel will be managed by IHS, will be registered under the Maltese flag and it is expected to be deployed primarily in coal trades servicing the buoyant Chinese demand for coal.

Incorporated in 2004, Zhejiang Ouhua Shipbuilding Co. Ltd owns and operates one of the most modern Chinese shipyards. The shipyard is located in the Zhoushan Province on the shore of the East China Sea and in China's rapidly developing Yangtze River Delta near Hangzhou Bay and Beilun, the largest port in Eastern China. The yard currently operates under ISO-9001:2008 QMS,