Product Tanker dragged anchors and ran hard aground / stranded on rocky shore, sustaining widespread bottom/shell plating damage,
E/R flooding, with propeller / tailshaft and rudder assemblies severed.
With our local correspondent surveyor attending on site on behalf of our Singapore office & with the coordination of our Piraeus Head office, by swift reporting to H&M UWRS a quick favorable settlement was timely achieved on the Hull Policy with substantial savings to UWRS, switching the refloating operation to Wreck Removal under the P&I policy.