If you have insured cargo on board the following vessels and would like us to assist you in pursuing any claims arising from these incidents (or any similar cases), or if you require assistance in providing GA or salvage guarantees, please contact us as soon as possible.
Date: 29th March 2016 Type: Grounding Voyage: Papua New Guinea to Vietnam
Reports have been received that Panamanian flag vessel TIVOLI (17,879gt, built 1997) ran aground in the Balabac Straits yesterday.
The bulk carrier is on a voyage from Papua New Guinea to Vietnam with a cargo of logs on board.
Professional salvage firm Five Oceans Salvage has been engaged on a Lloyd’s Open Form salvage contract to provide assistance.
We understand tug TTABAJADOR and a salvage team are proceeding to the location.
The insurers of the cargo on board are likely to be asked to provide salvage security before the cargo can be delivered.
It is also likely that General Average will be declared.
