The fully laden 16,600-dwt bulk carrier Ormi (built 2006) has broken down while fully laden with a cargo of soybeans off the island of Karpahos, Greece.

It is understood the vessel is now taking shelter from winds at times as strong as beaufort seven. The Med Tugs salvage tug Karapiperis 18 was sent out from the island of Mykanos and is now assisting the vessel.

The vessel is scheduled to be towed to Piraeus tomorrow if the weather and conditions are suitable.

It is understood the crew, cargo and bunkers are all secured and safe. It is understood the salvage tug has been contracted under a Lloyd’s Open Forum (LOF) contract.

The Ormi is understood to have 15,000 tons of soybeans onboard which were loaded in Ukraine. The ship is reported to have suffered a total engine blackout.

Piraeus based ACA has been contacted but no one is available for comment.