Skip to content
DistressedCargo.ORG
Shipowners

Release the vessel.

For an owner, distressed cargo is a vessel-employment problem that happens to involve cargo. The governing constraint is the date the ship must move.

Focus

What matters in these cases

  • 01

    Vessel delay

  • 02

    Rejected cargo

  • 03

    Alternative discharge

  • 04

    Urgent buyer

  • 05

    Cargo removal

Two problems, not one

Keep the liability discussion open and pursue every lawful route that gets the cargo off the ship in parallel. Alternative discharge, discharge into bonded storage pending resolution, and sale in place are all live options long before the technical dispute is settled.

Quantify the delay first

Once the daily cost of the situation is on paper — hire or lost employment, bunkers, port charges, berth exposure and the knock-on effect on the next fixture — a discounted cargo sale often becomes clearly the better outcome.

Document the mitigation

Every approach made, every offer received and the timing of each decision should be recorded. Mitigation that cannot be evidenced is difficult to rely on later in the claim.

Cases requiring an outright principal purchase and physical removal can be referred to Pommer & Partners.

Related

Continue

The two operational shapes distressed cargo takes, and the intelligence behind each.

Submit The Cargo Problem

Cargo problem? Find the commercial exit.

Submit the case. The platform structures the problem and identifies potential commercial recovery routes.

Confidential cargo submission · Worldwide · 24/7. Submitted case information is handled on a need-to-know basis and is not published as part of the public website.