Lilbo

* We have received reports that general cargo vessel, LILBO, experienced a failure of its propeller and subsequently allided with a jetty whilst navigating the Kiel Canal, Germany on 27 December 2020.

* We are aware that shipowners have declared General Average as a consequence of the damage incurred by the vessel as a result of the allision. Hence, General Average security is required to be provided by all cargo interests prior to the delivery of their cargo and we are likely to be able to assist in that regard.

* We have already been instructed by certain Cargo Insurers and are currently liaising with Average Adjusters as to the terms of the security to be provided. We may also be able to offer certain economies of scale in respect of any third party costs which may need to be incurred in investigating the cause of the casualty.

* We therefore recommend that you contact us urgently if you are concerned with any cargo on board this vessel so that we can immediately start taking steps to protect your interests.