World Insurance Report
Marine
18.3, sinking, fatalities
Japan: the Coast Guard is continuing its search for two missing Filipino crew members of general cargo vessel
Gold Leader
which sank after a three-vessel collision in the Akaahi Strait on Mar 5.
Gold Leader
, manned by nine Filipino crew members, was struck by liquid petroleum gas carrier
Ocean Phenix
after the latter came into contact with grab dredger
Eisei Maru No.5
. After
Gold Leader
sank, passing vessels rescued six of its crewmembers, one of whom died at a local hospital. A fishing trawler recovered the
body of
Gold Leader
’s master. A local fisheries federation has said seven of its member associations would discontinue this season’s harvesting
of nori seaweed due to the oil leak from
Gold Leader.
The halted harvest is expected to cost the associations about Yen 4bn in revenue. Two of the nine crew members are still missing.