We have learned of an incident involving the vessel ARMADA ULYSSES, a Marshall Islands flag, 1999 built, 160,036 gt crude oil tanker, on a voyage from Dubai to Singapore PEBGC, laden with 200,000 MT Russian Heavy Fuel Oil.

It is reported that ARMADA ULYSSES suffered damage and is leaking, about 30 nautical miles off Singapore. Terms of Salvage services are being negotiated with Tsavliris under Lloyd’s Open Form, since the vessel remains listing and leaking with a danger of fire / explosion.

If you are aware of any involvement in this casualty and W E Cox Claims Group may be of assistance in any way, including provision of Salvage securities, arranging surveys, adjusting potential losses or undertaking recovery action, please do not hesitate to contact us.

The importance of securities 19/02/2024
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