WEELEK NO.3- Engine failure/salvage

Built                        1983

GRT                        10316

Vessel Type          Chemical/product tanker

Voyage from/to    Jubail, Saudi Arabia, to Japan/Singapore/Taiwan/China

Casualty date        6th June 2007

Cargo                     Chemical/Petroleum products

Reports have been received that the Panamanian flag vessel WEELEK NO.3, 10316 GRT, 1983 built has suffered an engine breakdown. A tug will reportedly be with the vessel is two days, but the weather is reported to be very bad and there are fears the vessel could be lost. She is currently in lat 21 25N, long 62 59E and has transmitted a distress signal.

If the vessel survived and is salvaged, there are potential claims for salvage and General Average arising from this incident, as well as PA losses.

If salvage security is required, our personal corporate salvage guarantees are accepted by Lloyds. We can provide salvage security on your behalf (subject to internal procedures) for a bail fee from 0.8% of the guarantee amount.

If you have insured cargo on board this vessel and require our assistance to deal with any security demands and claims for salvage and/or General Average, please contact us as soon as possible.

We can also assist you in pursuing recovery for any losses that you may suffer. In this regard, we have identified the vessels’ P&I Club and have interesting information about the cause of this casualty.