Why Mauritius Oil Spill Insurance Claim Can Lead Upto $10 Billion?

An assessment of the Mauritius Oil Spill that happened 3 months ago reveals the extent of the damage and how the insurance claims can mount upto $10 Billion, says an article published in Forbes.

Three months ago, a major oil spill by Japanese-owned vessel, The Wakashio, unleashed between 210,000 and 300,000 gallons of heavy fuel oil into Mauritius’ coral lagoons in the Indian Ocean.

Last week, some of the remaining oil that was salvaged from the Wakashio is believed to have leaked from storage...

https://mfame.guru/why-mauritius-oil-spill-insurance-claim-can-lead-upto-10-billion/

EU Ship Database Raises on ‘Mauritius Oil Spill’ Ship Owner

According to a Forbes report, EU Ship Database has raised a fresh storm by questioning about the Japanese owner of Mauritius Oil Spill ship. 

What is it?

The Indian Ocean island of Mauritius continues to face an unprecedented ecological, human health and economic impact from the devastating oil spill of August.

At the center of the controversy lies the Wakashio bulk carrier, the cause of the disaster. Now, an important EU Ship Transparency Database, called EQUASIS (Electronic Quality Shipping...

https://mfame.guru/eu-ship-database-raises-on-mauritius-oil-spill-ship-owner/

$10 Billion Mauritius Oil Spill Claims – Shipping Law Loopholes Nightmare

According to a Forbes report, the oil spill in Mauritius in August has had lawyers scrambling through their maritime insurance libraries to understand the implications of the incident, caused by the Japanese bulk carrier, the Wakashio.

The damage from the oil spill is estimated at over $10 billion. 

Downplaying Insurance Payouts?

However, local groups have been facing an aggressive counter narrative operation being put out by the shipping and oil industry where there have been attempts to downplay...

https://mfame.guru/10-billion-mauritius-oil-spill-claims-shipping-law-loopholes-nightmare/

Mauritius Oil Spill Mixture Questioned

Scientists raise concerns regarding the exact makeup of the bunker fuel that leaked into the waters of the Indian Ocean island of Mauritius, reports Ship & Bunker.

Island of Mauritius fuel spill

Concerns have been raised as to the exact makeup of the bunker fuel that leaked from the Wakashio into the waters of the Indian Ocean island of Mauritius.

The shipping company involved in the spill is working to remove oil along an 18-mile segment of coastline.

Scientists raise concerns

However, scientists...

https://mfame.guru/mauritius-oil-spill-mixture-questioned/

Mauritius Oil Spill To Be Completely Cleaned Up by January

The MV Wakashio is split into two parts near Mauritius' Blue Bay Marine Park on Sunday, August 16.

According to a CNN report, the clean-up of a massive oil spill in August from a vessel off Mauritius will likely be mostly completed by January, the bulk carrier’s owner, Japan’s Nagashiki Shipping, said Thursday.

All Oil Recovered

Of the roughly 1,000 tons that spilled from the Panamanian-flagged MV Wakashio, all of the oil that had been floating in the ocean had been recovered, Nagashiki Shipping said in a statement.

Work to remove the oil along approximately 30 kilometers (18.6 miles) of...

https://mfame.guru/mauritius-oil-spill-to-be-completely-cleaned-up-by-january/

Mauritius Oil Spill Exposed Shipping’s Cyber Security Vulnerabilities

According to a Forbes report, cyber-attacks against global shipping have spiked 400% since Covid-19 lockdowns. And this was before the two high profile hacking victims in the last month alone – the world’s fourth largest shipping company, French giant CMA-CGM, and the UN’s own global shipping regulator, the IMO.

Mauritius Oil Spill Ship Hacked?

Now questions are being asked whether Mitsui OSK Lines (MOL)-chartered Wakashio, could have been a dry run for cyber hackers this summer that led to its...

https://mfame.guru/mauritius-oil-spill-exposed-shippings-cyber-security-vulnerabilities/

Satellite Analysis Reveals Mauritius Oil Spill Ship Sinking Location

  • A detailed satellite analysis  has revealed the sinking location to be near an European territory.
  • This opens up fresh political debate regarding the salvage operation.
  • The finding could lead to an EU sanctioned investigation as it falls in their territory.

2 months of speculation later, we are finally close to finding  the secret location of the Mauritius Oil Spill Disaster Ship, Wakashio, reports Nishan Degnarian for an article published in Forbes. 

Mystery of the Final Location

For two...

https://mfame.guru/satellite-analysis-reveals-mauritius-oil-spill-ship-sinking-location/

New Oil Spill Cleaning Technology Breaks Down 84% of Crude Oil

In a major development, scientists have made an oil spillage cleaning technology breakthrough by using microbes, reports Down To Earth. 

Crude Oil Bioremediation

Cleaning up of the oil spillage from the oceans without damaging the marine ecosystem is becoming an increasingly challenging task. The National Institute of Ocean Technology (NIOT) has developed an eco-friendly crude oil bioremediation mechanism technology using consortia of marine microbes wheat bran (WB) immobilized on agro-residue...

https://mfame.guru/new-oil-spill-cleaning-technology-breaks-down-84-of-crude-oil/

Black Box Investigation of Mauritius Oil Spill Crucial

In a major development, the police in Mauritius investigating the grounding of the oil spill ship, the Wakashio, revealed late last week that they were unable to obtain sound from the ship’s black box, reports Forbes.

But it’s this black box which has all the answers to the controversies surrounding the Mauritius Oil Spill incident. 

Black Box Investigation Crucial

That is not surprising, given how ship black boxes are configured, often with multiple microphones plugged in, recording to several...

https://mfame.guru/black-box-investigation-of-mauritius-oil-spill-crucial/

Crew Birthday Bash Leads To the ‘Mauritius Oil Spill’ Reveals Investigation

  • A Japanese ship that ran aground on a coral reef off Mauritius may have changed course to get a mobile data signal for a birthday celebration on board, according to investigators from Panama, the country under whose flag the vessel was sailing.
  • The M.V. Wakashio crashed into the coral reef barrier on July 25 and leaked almost 1,000 tonnes of fuel oil into Mauritian waters.
  • The vessel’s captain was taken into custody on Aug. 18 for endangering safe navigation as Mauritian authorities said the...

https://mfame.guru/crew-birthday-bash-lead-to-the-mauritius-oil-spillreveals-investigation/

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