News
DALI (Singapore) – collision with bridge – update 2 April 2024

Further to our initial report in relation to the above captioned incident it has been reported that the Owners and Operators of the DALI, have filed a petition in the Federal Court of Maryland to limit their liability for claims arising from the allision with the Francis Scott Key Bridge to US$43.7m, being the estimated value of the DALI after Salvage and repair costs.

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New Casualty – DALI (Singapore) – Allision with bridge 27 March 2024

We have learned of an incident involving the vessel DALI, a Singapore flag, 2015 built, 95,128 gt, fully cellular containership, which struck Francis Scott Key Bridge in Baltimore, USA, in the early hours of 26th March 2024. The Key Bridge, as it is known, is the world’s third-longest continuous truss bridge.

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New Casualty – MSC SAO PAULO V – Fire 7 March 2024

We have learned of an incident involving the vessel MSC SAO PAULO V, a Liberia flag, 53324 gt, 1998 built, containership which caught fire in the engine room as she was nearing the pilot station at Les Escoumins while en route to Portugal

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New Casualty – True Confidence – Explosion 7 March 2024

We have learned of an incident involving the vessel True Confidence, a Barbados flag, 29104 gt, 2011 built, bulk carrier which experienced an explosion and sustained damage approximately 50 miles SW of Aden. Three members of crew are dead and three more are in critical condition after Houthi rockets hit the vessel. All remaining crew have abandoned ship and coalition naval vessels are engaged in what they described as a “rescue and salvage operation”.

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New Casualty – SM JEJU LNG1 – Collision 21 February 2024

We have learned of an incident involving the vessel SM JEJU LNG1, a Panama flag, 9370 gt, 2019 Liquefied Natural Gas Carrier which reportedly came in contact with a cargo vessel six kilometres southwest of Yeodo Island, off the coast of South Korea

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New Casualty – Rubymar – Explosion 21 February 2024

We have learned of an incident involving the vessel RUBYMAR, a Belize flag, 19420 gt, 1997 built, bulk carrier which experienced an explosion and sustained damage in the Strait of Bab el-Mandeb, 35 nautical miles south of Al Mukha, Yemen

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New Casualty – RUEN – Piracy 15 December 2023

We have learned of an incident involving the vessel RUEN, a Malta flag, 27,781gt, 2016 built, bulk carrier which was reportedly boarded by armed pirates 14th December 2023.

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The importance of securities 19/02/2024
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