We have learned of an incident involving the vessel ASIA PEARL IV, a Singapore flag, 2010 built, 22,402gt bulk carrier, laden with 30,000 tons of sugar, which ran aground off Mendanau Island, Indonesia while on a voyage from Thailand to Indonesia.

We understand that the vessel loaded at Sriracha,Thailand, in the last week of April and was scheduled to discharge the cargo at Merak, Indonesia, on 3rd May.

It is reported that ASIA PEARL IV remains firmly aground and vessel owners have contracted Salvors, PT Samudera Mbianti Sesami and SMIT Land Marine Engineering (Far East) Pte Ltd., under Lloyd’s Open Form. It is also likely that General Average will be declared.

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 / General Average securities, arranging surveys, adjusting any potential losses &/or undertaking recovery action, please do not hesitate to contact us. As appropriate, please contact:

United Kingdom – Paul Friett

Hong Kong – Wendy Lee

Singapore – Paul Sansom

USA – Charles Droll

Australia – Niall Orr

If this or future casualty notices should be forwarded to any of your colleagues, we would be pleased to receive their contact details and we will add them to our Client List.

The importance of securities 19/02/2024
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