Wednesday 19th October 2011 |
Text too small? |
Insurers for the container vessel Rena have promised to “meet its owner’s obligations in full,” according to a statement from the ship’s owners, Costamare Inc.
Rena is covered by a policy which includes pollution liabilities through international maritime insurer the Swedish Club.
Costamare inc. says it deeply regrets the accident and will do everything it can to minimise the effects of the pollution. The company also thanked authorities, salvors, and experts on site working to salvage the vessel along with its cargo and fuel oil.
The statement comes as Rena’s captain and navigator officer are remanded on bail until Nov. 2 after appearing in court earlier today on charges under section 65 of the Maritime Act for "operating a vessel in a manner causing unnecessary danger or risk."
Conditions at sea continue to hamper efforts to pump oil from the ship, which has been stranded on Astrolabe reef off the coast of Tauranga since Oct. 6.
BusinessDesk.co.nz
No comments yet
SPG - Change to Executive Team
BGI - Forgiveness of $200,000 of secured indebtedness
General Capital Subsidiary General Finance Market Update
AFT,Massey Ventures,Gilles McIndoe to develop scar treatmen
April 24th Morning Report
Cheers to many fewer grape harvest spills
GTK - Half-Year Results Announcement Date
Government ends war on farming
Sky and BBC Studios renew expanded, multi-year agreement
AOF - Q1 Improved Trading Performance & FY24 Guidance Maintained