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Sunday, 26 February 2012 12:37

MT Samho Dream on auction, but crew salaries were settled! Featured

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>> Hong Kong: On 18 October 2011 the Supertanker “MT Samho Dream”, operated by Korean Samho Shipping Co., Ltd, was arrested on its arrival in Hong Kong due to the non-payment of bank loans. [Marine News China reported in its January edition]

An auction was ordered on 18th January, as Samho Shipping filed for bankruptcy protection after it ran out of cash, with having received a successful bid by a UK-company at US$28.3 million.

However, last month still, the crew feared to be left without payment of their wages, amounting to about US$100.000, after the new owner was trying to forcefully take over the vessel.

Now, Due to the intervention and support to master and crew played by Mr. Ting Kan Yuen, Head of Hong Kong ITF (FOC) campaign office, THOME Ship Management agreed to pay the salaries for the month of January 2012 and other outstanding leave wages and compensation. THOME mainly agreed due to the fear of ITF intervention which may also lead to some other claim from the new owner.

After THOME representatives shown evidence of execution of January wages to the crew, master and crew agreed to leave the ship and allow the new Greek crew to board the vessel. Further, THOME assured paying other outstanding leave wages and compensation within 24-48 hours.

As a back up, Mr. Ting Kan Yuen meanwhile arranged a hearing before the honourable admiralty judge Mr Justice Anselmo Reyes on 30th January, before the vessel hand over to the new crew, at which the court has ordered that Bailiff be at liberty to pay the crew wages out of the proceeds of the judicial sale, subject to verification of crew contracts and sale of vessel going through successfully, according to a confirmation issued by the law firm Holman Fenwick Willan (HFW).

All necessary legal papers to claim any outstanding crew wages from Bailiff were then still signed in a meeting between Mr. Ting and all crew members in presence of the Chappel of Marine Club Hong Kong, in case of THOME would have backed up from their promises to settle the wages.

On 31st January the crew left for their respective countries after settlement of all wages and compensations.

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