After the "Jumbo Seafood Boat" set sail last Tuesday (14th) and left the port for maintenance, it sank in the waters near the Xisha Islands last Thursday (18th), causing social concern.
The exact location of the "Jumbo Seafood Boat" is currently unknown, but according to the statement issued on the same day, the seafood boat sank near the Paracel Islands.
The Marine Department confirmed tonight (21st) that the seafood boat had been issued a port permit to go to Cambodia before it left the port, but the owner announced that it had not received a report before it sank and had requested to submit a written report for follow-up investigation.
Some insurance industry points out that when the insurance company loses money, the seafood boat is theoretically owned by the insurance company. If it sank in the high seas, the insurance company has the right not to salvage it, but can be placed in the high seas.
In addition, some in the shipping industry also pointed out that if the sunken ship is located on the high seas, the shipowner has the right not to salvage it because there is no mandatory requirement in the regulations.
▼On June 14, Aberdeen Jumbo Seafood Restaurant moved out of Hong Kong▼
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It is expected that the insurance company will belong to the insurance company after purchasing the freight insurance compensation.
Mak Lishun, chairman of the Hong Kong Association of Insurance Professionals, said that since the "Jumbo Seafood Boat" is not a vessel and has no power, it is reasonable to purchase cargo insurance instead of general marine insurance.
McLean also pointed out that the "Jumbo Seafood Boat" had a shipwreck this time, so it would be regarded as a "total loss" and could be insured even on the high seas.
In other words, if the value of the goods was 100,000 yuan when the insurance was initially purchased, and the insurance company's policy stated that it would insure 100,000 yuan, in the event of a "total loss", the insurance company would have to compensate the policyholder for 100,000 yuan.
He pointed out that when the insurance company loses money, the goods theoretically belong to the insurance company.
If the seafood boat sank in the high seas, the insurance company has the right not to salvage it, but it can be placed in the high seas.
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Can be called up if the wreck approaches a regional port
Li Zhiwei, the former chairman of the Hong Kong Seamen's Union, also pointed out that if the sunken ship is located on the high seas, the shipowner has the right not to salvage it because there is no mandatory requirement in the regulations.
However, he also pointed out that the site may be located in the territorial waters of China, so the local area may require the ship to be salvaged. The normal practice is that the insurance company is responsible, but if it is not insured, the shipowner will be asked to salvage it by himself.
In addition, if the wreck is located close to a port in a certain area, there is a chance that its port operation will be hindered, and it may also be required to be salvaged.
Yang Peiqiang, the former manager of the Maritime Training Institute of the Vocational Training Council, also said that according to past practice, if a ship sank on the high seas, no one would pay attention, unless it caused oil pollution, etc. There are a lot of sunken ships at the bottom of the sea." However, if it sank in the territorial waters of other countries, it is common practice to call for salvage.
The Jumbo Seafood Ship sank | Guan Haoming: Unbelievable, I hope the owner will explain and clear the doubts. Never thought that there would be an accident, the treasure seafood boat sank
