BARGARA - salvage off Nova Scotia

Built                        2002

GRT                        40437

Vessel Type          Bulk carrier

Voyage from/to    Halifax

Casualty type       Salvage

Casualty date        31st December 2007

Cargo                    

Reports have been received that the Maltese flag vessel BARGARA, 40437 GRT, 2002 built has suffered a casualty off Nova Scotia and required salvage assistance.  

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.