Communication from
ALBATROSS ADJUSTERS LIMITED July 22
QUOTE ****
The m.v. “HOEGH XIAMEN” was on a laden voyage with vehicles/cars from Freeport, Texas and Jacksonville, Florida to ports in Nigeria, when a fire broke out in the upper decks on 4th June 2020, shortly after completion of loading operations at Blount Island, Jacksonville, USA.
Firefighters of the Jacksonville Fire and Rescue Department, together with Professional Salvors Resolve Salvage & Fire (Americas) Inc. contracted by Shipowners under a Lloyd’s Open Form 2020 (LOF 2020) dated 4th June 2020, commenced firefighting operations. The fire was deemed extinguished on 12th June 2020 and the vessel was redelivered by Salvors to Shipowners on 27th June 2020. Salvors have also entered into a Wreckhire contract to remove all vehicles/cars currently stowed on board the vessel.
Salvors have instructed Albatross Adjusters Limited to arrange for collection of Salvage securities and supporting documentation from the Owners of sound vehicles/cars under the LOF 2020 and to co-ordinate the release of those properties once satisfactory security has been submitted. Salvors are not involved with a possible on-forwarding of sound vehicles/cars to final destination, upon submission of satisfactory salvage security. If applicable, this is a matter for the Owners of the vehicles/cars to follow up under the relevant Bill of Lading.
A list of vehicles/cars presumably considered to be in sound condition is posted on our website and same shall be updated as additional information is received. Salvage security will need to be posted, respectively is being requested, for sound vehicles/cars.
The vehicles/cars can only be released for further onward transport once Salvage securities, partly completed forms hereto attached, as well as supporting documents have been provided to the full satisfaction of Salvors, as follows:-
I. SALVAGE SECURITY
Salvage security is requested at 40% (Forty percent) of salved values in US Dollar currency (USD).
Salvage security may be posted as follows:-
A.
ISU 1 Guarantees (from Insurers exclusively)
The Salvors are willing to consider acceptance of security based on ISU1 Guarantees as per attached wording from Insurers with a Standard & Poor’s (or equally Reputable Rating Agency) credit rating of ‘A-’ (or above). Security will only be considered for acceptance if full style details of Insurers and supporting information regarding their credit rating is submitted.
B.
Cash Deposits
If the goods are not insured, respectively Insurers are not prepared to sign the Salvage Guarantee in the tendered wording or Salvors do not accept the Guarantee tendered, a Cash Deposit of the US Dollar currency (USD) equivalent of 40%
(Forty percent) of the CIF (cost, insurance and freight), respectively the CFR (cost and freight), value of each property as Salvage security. The Cash Deposit should be remitted, free of bank charges, into the following designated Trust Account: -
Bank: M.M.Warburg & CO
Beneficiary: ALBATROSS ADJUSTERS LIMITED as Trustees
USD Acc. No.: 1000467596
Bank Code: 201 201 00
Swift Code: WBWCDEHHXXX
IBAN: DE21 2012 0100 1000 4675 96
Bank's Name: M.M.Warburg & CO
Bank's Address: Ferdinandstrasse 75, 20095 Hamburg, Germany
Please quote our reference "20.450-2" and B/L Nos in the payment details and to provide us with a copy of the swift/remittance advice.
C.
Lloyd’s Guarantees
Security may be lodge by a Guarantor on a standard-worded Guarantee form, copy of which is available from the Lloyd’s website,
www.lloydsagency.com
, or from the Salvage Arbitration Branch of Lloyd’s. Lloyd’s contact details are: -
Mr. Kevin Clarke
Manager Salvage Arbitration Branch
Lloyd’s Agency
Tel +44 (0) 20 7327 5408
Fax +44 (0) 20 7327 6827
II. SHIPPING DOCUMENTS REQUIRED
The above securities should be submitted together with copy of relevant:-
- Bill(s) of Lading
- Commercial Invoice(s) / Declaration(s) of shipped value incl. vehicle model and make, year of built
and chassis number.
- Ocean/Sea Freight Invoice(s)
- Insurance Premium Invoice(s), if property is insured.
IMPORTANT:-
In the event that salvage security is not lodged within 21 days from the date of this correspondence, Salvors will be required to take steps to arrange for a salvage sale of all un-secured vehicles.
It is also important to note that: -
1.
Information on the current status of this case, as well as the facility to download the Salvage security documents and detailed instructions for the completion of same are available on our website. Please follow the instructions below: -
Select: Customer Area
In the CARGO SECTION select (drop down field) Vessel Name: HOEGH XIAMEN
Case number: 20.450-2
Pin Code: 04062020
2.
Salvors will not accept any security forms other than those detailed herewith and no additions, deletions or amendments to the wording of the forms will be accepted.
3.
Under the relevant contracts, Salvors are not responsible for the onforwarding of vehicles/cars to final ports of destination.
****UNQUOTE
Best Regards,
Cargo Department
ALBATROSS ADJUSTERS LIMITED,
