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ARTICLE · 13 JULY 2016

Casualty Notice: "DORADO"

We have received reports that the "DORADO", a 2013 built bulk carrier flying the Marshall Islands flag, has grounded in the Parana river. It is carrying a cargo of 40,000MT Maize loaded in San Lorenzo and was bound for Algeria.

United KingdomTransport

We have received reports that the "DORADO", a 2013 built bulk carrier flying the Marshall Islands flag, has grounded in the Parana river.

It is carrying a cargo of 40,000MT Maize loaded in San Lorenzo and was bound for Algeria.

The vessel requires professional assistance and T&T salvage are assisting. At present, the vessel remains grounded.

It is also very likely that General Average will be declared.

So far as any recovery is concerned, we have identified the vessel's P&I Club, which is headquartered in London.

If your own guarantees are not acceptable to salvors we can also assist you in arranging salvage security to secure any salvage claims, with a bail fee from 0.5% of the guarantee amount.

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