London Club warning on vessel arrests in Egypt

Wednesday, May 24, 2000
The London P&I Club has warned its members about a spate of vessel arrests in Egypt, and in particular the port of Suez, in respect of claims for unsettled invoices in respect of supplies and/or services which have supposedly been provided to vessels. Writing in the latest issue of its StopLoss Bulletin, the Club says that, although suppliers have submitted false invoices with apparently authentic signatures of ship's staff and the ship's stamp, in most instances the master has been unable to explain how these have been affixed to the invoice. In other cases, invoices have been completely forged. Suppliers and their lawyers have also ordered the arrest of vessels as security in some instances. The London Club's correspondent in Alexandria, Eldib Advocates, has applied to the Egyptian ministry of justice to have vessel arrests limited to those cases involving only known and established suppliers. It has also asked the ministry to support the creation of a system whereby arrested vessels can be released immediately upon submission of a bank guarantee. The Club says masters should not sign any blank papers, particularly while in the Suez Canal area, and should not leave any blank spaces above their signature on legitimate documents which they do sign. The Club has also reminded its members that the Suez Canal Authority is the only organization in Egypt which is authorized to take measures to protect the marine environment in the port of Suez, and to impose fines. Other agencies, such as the Society Marine Environment Protection Committee, are alleging that they are empowered to carry out such tasks.
Maritime Reporter August 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Edelweiss Now Controls Bharati Shipyard

Edelweiss Asset Reconstruction Company has taken over management control of Bharati Shipyard, says a report in ET.   Edelweiss now controls 70% of the Indian yard’s debts.

Offshore Operators Can Simplify Safety Equipment Logistics

Safety equipment manufacturer VIKING Life-Saving Equipment said its Offshore Safety Agreements are providing relief for offshore operators seeking to ensure compliance

Keppel Delivers Jackup to UMW-OG

Keppel FELS, a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M) has delivered UMW Naga 8, a KFELS B Class jackup rig, to Malaysia’s UMW Oil & Gas Corporation Berhad (UMW-OG).

Finance

G E Shipping delivers “Jag Aakash” to Buyers

The Great Eastern Shipping Company Ltd. (G E Shipping) delivered the new building Kamsarmax Dry Bulk Carrier “Jag Aakash” (81,600 dwt) to the buyers.  The vessel

New Energy-saving Windshield on MOL MARVEL

Mitsui O.S.K. Lines, Ltd. today announced that it has started demonstration tests of a new windshield for containerships, which has the potential to reduce wind resistance,

Taiwan Eyes Budget for New Submarines

Taiwan’s defense ministry seeks financing to expand the country’s submarine fleet, reports Reuters quoting local media reports.   The government has allocated $92.

 
 
Maritime Security Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Salvage Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.5115 sec (2 req/sec)