We have learned of a new incident involving the vessel MODERN EXPRESS, a Panama flag, 2001 built, 33,831gt Vehicle Carrier, which was reported to be listing at 45 degrees after cargo shifted in eastern Atlantic Ocean, just west of Bay of Biscay.

General cargo vessel Haringvliet, reefer Charles Island, chemical tanker Stolt Osprey and chemical tanker Trans Borg proceeded to the scene to assist, while CROSS Corsen attempted to communicate with MODERN EXPRESS. Helicopters from Spain assisted in transfering crew to one of the stand-by vessels and evacuating persons who are injured to the shore. Fixed-wing aircraft from Spain are also attending to provide oversight.

The vessel is on a voyage from Southampton, UK to Germany, having previously called at Gabon. Efforts to refloat the vessel are underway on the next high tide.

The nature and scope of salvage services have yet to be determined, and whether security is ultimately required or General Average may be declared is unknown. But should insurers determine that they are involved with cargo on board and W.E. Cox Claims Group may be of assistance in 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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