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a growing market<br />
She is familiar with the Greek shipping<br />
community after working as a Senior Claims<br />
Executive for Thomas Miller’s office in<br />
Piraeus for the last six years. Read more<br />
under ‘Personnel news’ on page 30.<br />
– All day-to-day underwriting and claims<br />
work for current members is handled at<br />
the local office. Our staff also has the<br />
competence and necessary authority to<br />
handle all new requests originating from<br />
Greece and Cyprus.<br />
We are dedicated to providing the best<br />
service possible in a swift and effective<br />
manner, says Lily Karaiscos-Samellas.<br />
Future events<br />
Posidonia, the bi-annual shipping conference<br />
in Piraeus, is coming up in June. This<br />
means additional opportunities to meet<br />
members and other contacts, and a separate<br />
<strong>Skuld</strong> pre-Posidonia dinner party is being<br />
arranged. This autumn there will also be a<br />
local <strong>Skuld</strong> seminar for Greek members.<br />
<strong>Skuld</strong> Hellas. From left: Ken Stewart, Michael Boje-Larsen, Lily Karaiscos-Samellas, Elina Souli and Athina Sirimi<br />
A case example: containers overboard<br />
By Michael Boje-Larsen, Claims Manager, <strong>Skuld</strong> Hellas<br />
In March 2001, a Target Marine vessel ran into a storm in the <strong>No</strong>rth Atlantic on its way from<br />
Le Havre to New York. A total of 120 containers was lost overboard.<br />
When the first call came in from Target<br />
Marine to <strong>Skuld</strong>, steps were immediately<br />
taken to contact our correspondent in New<br />
York, Anchor Marine. They sent lawyers<br />
and surveyors to meet the vessel on arrival<br />
in New York. The remaining containers –<br />
some smashed or damaged – were lifted<br />
off the vessel and, within a matter of days,<br />
the initial cleanup had been finalised.<br />
Quickly it became clear that the shipowner<br />
and <strong>Skuld</strong> would face huge cargo claims<br />
from various container owners and their<br />
cargo underwriters. To avoid costly and<br />
lengthy litigation in the US, a strategy for<br />
claims handling was set up between <strong>Skuld</strong><br />
Hellas and the head of Target Marine’s<br />
legal department. The offices are literally<br />
five minutes apart and the close cooperation<br />
between our two companies<br />
meant a lot through these meetings. The<br />
strategy ensured that cargo claimants were<br />
dealt with fairly and costly court appearances<br />
were avoided.<br />
Early contact between Anchor Marine and<br />
Target Marine’s US lawyers established a<br />
good working environment with cargo<br />
claimants’ lawyers in New York. At the<br />
same time, <strong>Skuld</strong> arranged an<br />
apportionment with charterers, whereby<br />
any cargo settlement in the US would be<br />
split between charterers and owners in<br />
a pre-determined way. This avoided a<br />
potentially expensive legal battle over<br />
the correct apportionment under the<br />
charterparty.<br />
A case that could have become substantial<br />
was trimmed down to a manageable size.<br />
The closeness between club and member<br />
facilitated the drawing up of an initial strategy,<br />
as well as later adjustments, and proved to<br />
be decisive for the outcome of the case.<br />
BEACON 5