In mid-July the MSC Flaminia was engulfed in flames for days after an explosion halfway through its journey from Charleston to Antwerp, damaging the ship severely. Now, a general average has been declared by the owner of the MSC Flaminia. With a general average all parties with cargo on the ship will proportionally share losses resulting from efforts to save the ship and its contents. MSC announced that the ship's owner appointed Schlimme & Partner GmbH of Hamburg, in association with Rogers, Wilkin, Ahern LLP of London as general average adjusters, and that Groninger Welke Janssen had been named their collecting agents.
At this time the MSC Flaminia remains 240 miles off of the British coast, and negotiations continue for permission to enter the coastal area or an emergency port.
Above is another example on the importance of insuring your cargo. A general average claim against an uninsured company can quickly reach into the tens of thousands.
To review your company's insurance program in more detail, contact our office today to arrange a free insurance analysis. Marine Insurance provided by Liberty International will cover you in case of loss.
Let Liberty take the worry out of your international transaction, contact our office today for information on Marine Insurance coverage through Roanoke Insurance.