We have been advised of an incident involving the vessel “YM EFFICIENCY”, a 2009 built 42,741gt fully cellular containership.

It is understood that the “YM EFFICIENCY” suffered a collapse of stow en-route from China to Australia, as a result of which more than 80 containers were lost overboard and at least a further 30 containers seriously damaged on board.

The extent of the damage to containers and cargo is likely to be significant and W E Cox Claims Group are actively investigating the incident. If we can be of any assistance in arranging surveys, adjusting potential losses and undertaking recovery action please do not hesitate to contact us.

As appropriate, please contact:

Australia – Robert Hammersley

Hong Kong – Wendy Lee

United Kingdom – Paul Friett
Singapore – Paul Sansom
USA – Charles Droll

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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