We have learned of an incident involving the vessel “AGIOS SOSTIS”, a 2009 built 41,342gt bulk carrier.

It is understood that the Vessel ran aground 3.8 nautical miles from Ramallo, Argentina, and was unable to re-float using her own power. Salvage operations were commenced with T&T Salvage under the terms of Lloyd’s Open Form and upon completion of salvage services, the Vessel is now at outer anchorage for inspections.

If you are aware of any involvement in this casualty and W E Cox Claims Group may be of assistance in any way, including provision of Salvage securities, arranging surveys, adjusting potential losses or undertaking recovery action, please do not hesitate to contact us.