T&T Salvage Aids Charity’s Efforts Against Malaria
A small feeder container vessel ran aground off the coast of Papua New Guinea. A large part of its cargo consisted of 32 containers of mosquito nets owned by international charitable organization the Rotary Club through their subsidiary Rotarians Against Malaria, a not-for-profit Non-Governmental Organization (NGO) engaged in a program aimed at eliminating Malaria in Papua New Guinea by the use of Long Lasting Insecticidal Mosquito Nets (LLIN’s) which are delivered free of charge to every household in Papua New Guinea.
The nets aboard the grounded vessel were not insured and the charity simply did not have the funds to pay a salvage award. T&T Salvage, who undertook the salvage of the vessel and her cargo under the internationally recognized Lloyds Form of Salvage Agreement (LOF), agreed to release the cargo without salvage security. T&T Salvage, together with subcontractors Pacific Towing PNG, will pay this cargo’s share of any salvage award or settlement out of their own pocket, substantially reducing any profit they will make under the LOF.
Mauricio Garrido, President of T&T Salvage was quoted as saying “what better ‘award’ can we receive than the opportunity to help kids in real need. It is not always about the money.”
Ron Seddon, chairman of Rotarians Against Malaria said, “The decision that T&T Salvage has made will assist us in our endeavors to eradicate malaria from PNG and for this we sincerely thank them for their generosity - Rotarians Against Malaria have decided to award Rotary's highest recognition to T&T Salvage in the form of a Paul Harris Corporate Award.”
Each year, more than 1.2 million people in Papua New Guinea are struck down by Malaria.