Some cases which we successfully dealt with and avoided the insurance companies to pay compensation of those losses. During the period from 2003/2004 till 2007/2008


M/V Name

Consignment

Loss/Shortage

Our Office role to minimize the loss

ARGOLIS

56236.312M.T American Poured corn in bulk

 734.000 M.T

The Damaged quantity have been deducted from customs from the original of consignment

LUISE OLDENDORFF

16500.000 M.T Soya beans in bulk

1100.000 M.T

Upon our S/R the ship got under custody and compensation of 1939000 L.E was paid

ALESRAA

139300BAGS OF White rice Weighing 7069.475 Tons 

14624 Bags Weighing 731.200 Tons

Upon following up the case the ship's owners Submitted to consignees on UN conditioned bank letter of guarantee of $ 288000 to let the ship leave the port

LADY MIM

5000.000 M.T Of Syrian flour in bulk

340.920 M.T

Upon our S/R the consignees got a compensation of 40000 $ after the settlement had been achieved under care of Insurance Co.

NATTY

61900.000 M.T Poured yellow corn in bulk

950 M.T

Upon our S/R the Insurance Co. got a custody decision on the ship till the settlement done later with compensation of $ 220000

MINOAN EURO

61100.000 M.T Argentine yellow corn in bulk  

9005.000 M.T

A bank letter of guarantee was submitted with $ 400000 for the rejected quantity

BAHIA

65304.000 M.T Argentine yellow corn in bulk  

631.478 M.T

The consignees collected $ 200000 compensation upon S/R