After the MV Baltic Ace collided with a container ship in 2012 on its way from Belgium to Finland, in just 15 minutes the world lost 11 sailors, 1,417 Mitsubishis and an almost brand new ship—only to ...

LONDON, Dec 6 (Reuters) - The Baltic Ace cargo vessel that sank in the North Sea on Wednesday night is insured for between $50 million and $60 million, two sources with direct knowledge of the matter ...