NEW CASUALTY – PHUC THUAN 36 – Heavy weather

We have learned of an incident involving the vessel PHUC THUAN 36, a Vietnam flag, 1,599gt, 2010 built, bulk carrier, laden with various steel cargoes, which encountered heavy weather en route from Dong Guan to Laem Chabang, causing cargo to shift and the vessel to develop a severe list.

The crew abandoned PHUC THUAN 36 and were rescued by another nearby vessel. Salvage operations are ongoing, and shipowners have declared General Average, appointing Marine Claims Office of Asia Pte Ltd, Singapore, as General Average Adjusters. W E Cox Claims Group has already received instructions to represent part cargo onboard.

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 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

France – Marie-Laure Mirrione

Europe – John Jackson

Hong Kong – Twinnie Lai

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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