Casualty News
YING SHUN
Date
February 18, 2025
Type
Engine Damage
Voyage
Uruguay to Vietnam
Reports have been received that Panamanian flag vessel YING SHUN (43,990gt, built 2013) suffered an engine failure south of Madagascar on 18 February 2025.
Repairs could not be carried out by the crew and salvage tug POSH FALCON was contracted to provide towage assistance.
The convoy is now en route to Hong Hai in Vietnam and is expected to arrive in early May.
YING SHUN, a bulk carrier, is on a laden voyage from Montevideo, Uruguay to Hong Hai, Vietnam, to where the vessel is being towed.
It is possible that a general average claim will be made against cargo insurers as a result of this incident.
If you are involved as cargo insurers and require assistance please let us know. We can assist with:
- Arranging cargo damage surveys
- Investigating the cause of the incident
- Recovery of losses on NO CURE NO PAY terms
- Provision of Salvage Guarantees (for a premium starting from 0.4% of guarantee amount)
- Handling of Salvage claims (without the need for lawyers)
- Providing Average Guarantees
- Handling of GA claims
- Defence of GA claims in NO CURE NO PAY terms