Posted on 04/02/2006 3:55:14 PM PDT by Cold Heart
NEW YORK (Bloomberg)- The cost of insuring ships may rise following a series of accidents in the past week, according to Marsh & McLennan Cos. and Aon Corp., the worlds largest insurance brokerages. A fire on the HYUNDAI FORTUNE may have damaged one-third of the 5,000 containers, costing insurers $100 million, shipping newspaper Lloyd's list reported.
(Excerpt) Read more at theroyalgazzette.com ...
The vessel was 60 miles off the Yemeni Coast.
Problems of knowing exactly what was in the conatainers was expressed. Some suspicion of fraud by shippers misdeclaring consignments in order to ship "prohibited cargo"
Pictures http://windspeeddream.netimages/hyundai/Hyundai_Fortune.pdf
Try that again.
http://windspeeddream.net/images/hyundaiHyundai_Fortune.pdf
yeah, fireworks, all right. big ones.
Third time's a charm?
It's more dyslexia than it is trying to self promote.
http://windspeeddream.net/images/hyundai/Hyundai_Fortune.pdf
Off the coast of Yemen, imagine that.
or they got RPGd by somebody
RPG's not big enough for this type of damage.
What concerns me is the Lloyds communication infering that shippers are mis describing contents so as to ship "prohibited goods".
Our MAIN port security is based on Achmed providing correct documentation of what is in the containers.
Loss of life?
Flooding?
Photo #5 seems to show a burned container resting across the port bridge wing!
Yes, aft of living spaces.
One injury. I believe the crew was rescued by Dutch Navy
Bump
Let me have a "go" at guessing the cause....
Terrorists have been funding their exploits of late with piracy. This however doesn't sound like it. Fraud maybe?
- 2006-03-23 - Effective 2006-03-21
Hyundai Fortune fire onboard News Update - Germany HD fortune explosion HD letter
Dear Custmors,
As per attached official letter from Hyundai, there was explosion on the Hyundai fortune Mar. 21, 2006 near the Gulf of Aden.
Due to that all bookings has been canceled or rebooked for the next vessel as an option, we have attached the official announcement of the incident and fire movie clips for your convenience.
Meanwhile, this incident causes severe lack of space allocations. Please be noted on this information and we will update situation once available.
Thanks & best regards. A.I.F. Customer Service Center
Does that mean some boat pulls up alongside and transfers a few containers?Press Here
Container companies operate around major hub ports. Smaller container vessels (feeders)bring containers from smaller ports and drop them off at the larger port. The larger containerships pick up those containers plus the ones that may originate at the larger port.
The starboard side.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.