|
On 12 April, an announcement on MSC Mediterranean Shipping Company's website stated that salvage operations on the DALI were still underway, but that Maersk had been notified that the owner of the DALI had declared a common sea loss.
MSC said that so far no indication has been given as to where and when the vessel will be moored and discharged, but the decision indicates that the owners expect the salvage operation to result in high extraordinary costs, which they expect all salvaged parties to pay on the basis of a common sea loss.
Richards Hogg Lindley (RHL) of London has been appointed as the vessel's Common Sea Loss Adjuster. The company has advised that they intend to keep all containers (including MSC's) under their control until safe arrangements have been made with the Adjuster for the common loss and salvage.
At the end of March, a Singapore-flagged Maersk freighter, the DALI, lost power after leaving the US port of Baltimore and struck and collapsed a bridge. People and vehicles fell into the river. After the bridge collapsed, the port of Baltimore, the largest car port in the United States, has been closed.
CCTV news, according to the U.S. "Washington Post" reported on 10 April, recently the U.S. Baltimore, Maryland, the bridge was hit by a cargo ship collapsed accident, may cause up to 4 billion U.S. dollars in insurance losses.
According to the report, the accident led to the long-term closure of the Port of Baltimore, and shipping companies to avoid supply chain disruption and global conflict risk and purchase of insurance may make the insurance company losses soared. Some analysts estimate that the final total insurance losses will be between $2 billion and $4 billion.
Recently, Singapore-based Grace Ocean and ship management company Synergy Marine filed a Limitation of Liability Court petition in an attempt to limit their liability to $43.6 million.
General Average refers to a legal system whereby special sacrifices and expenses incurred as a direct result of measures taken intentionally and reasonably for the common safety of ships, cargoes and other property exposed to a common peril during the same sea voyage are apportioned proportionately among the beneficiaries.
As the process of adjusting common sea loss is very complicated, cargo damage, ship damage, rescue, repair, interest loss, freight sacrifice and so on, all kinds of money, the amount is huge and involves a wide range, often need to take months or even years of precise calculation to arrive at the amount of each party's share. And the customer's goods are time-sensitive, the shipowner too long to retain the goods may lead to a variety of adverse consequences. Therefore, only the cargo side to provide security to the loss adjuster, to make a commitment to bear the common sea loss, and in the adjuster to make the release of cargo instructions, the shipowner can deliver the goods.
Declaring common sea loss. This also means that all cargo owners with cargo on board "DALI" have to bear the responsibility together, and can only get the cargo after providing the joint sea loss guarantee, and it may take a long time to take delivery of the cargo, and the insurance liquidation is caught in a long waiting period.
https://www.cnss.com.cn/html/hyqy/20240415/352882.html
|
Back:
Next:
