GRT/DWT: 25400 / 40263
LOA: 175.97m
BUILT: 2005

Casualty Location:
Coatzacoalcos, Mexico

Repairs carried out at:
Shipyard in Tuzla, Turkey

Total cost:
in excess of USD 12.0 million

Repair time:
12 months

Aframax Chemical Tanker – Severe hull and outfitting damages after explosion iwo No 2 COT’s and subsequent fire. Instructed by Lloyds Re- Insurers, initially to draft a Repair Specification and invite Tenders. Owners claimed vessel as CTL. Insured Value 22.5 Million + 6.0 Million IV. 


Rio Office  

  • Attended for 3 months at Mexico.  
  • Drafted a detailed Repair Spec and invited tenders. Tuzla yards quotations were well below insured value. Decision was made to repair the vessel in Turkey. 
  • Invited quotes for vessel’s towage from Mexico to Turkeyevaluated tug suitability and prepared vessel for towage. Carried out Towage Approval Survey. 

Istanbul Office 

  • Undertook the PROJECT MANAGEMENT for carrying out and completing permanent repairs to restore vessel as originally built. 
  • Jointly with yard organized repairs and necessary equipment/spare parts orders. Arranged attendance of Service Engineers. 
  • Approved and agreed timeline/schedule of funds payment to yard (in POA installments) directly from Re- Insurers. 
  • Supervised and closely monitored the repairs jointly with Class and owners/yard reps, issuing regular detailed reports to Principals / Parties concerned on progress and cost 
  • Achieved satisfactory completion of damage repairs and tests to Class approval. 

Minimized cost to USD 12.5 Million – Overall repair time: 12 months. 
Achieved an overall saving of about USD 10.0 Million on the policy.