New Service Frees Ships From Hostile Situations

Vessel Extractions LLC (VessEx) has launched a service to free ships from hostile situations and sail them to safety. Although the company focuses on repossessing ships for mortgagees, it also assists owners whose ships have been seized, detained, abandoned or stolen. Freeing strategies range from negotiating and resolving disputes to sailing ships out of hostile ports.VessEx is the first company to combine the realworld operational experience of shipmanagers, the superior technical expertise of class surveyors, and the legal skills of maritime lawyers to perform ship recovery operations. These skills are essential to overcome the many obstacles to freeing ships. As explained by Captain Max Hardberger, the Operations Director of VessEx, "the ships we deal with could be manned by a defiant crew, hunted by agitated creditors, or held for ransom by corrupt local authorities. To make matters worse, such ships are often in unseaworthy condition, lacking necessary repairs, certificates, supplies, and insurance." Captain Hardberger notes that VessEx's robust capabilities allow it to overcome all such problems, usually under adverse conditions and on short notice.

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Maritime Reporter

First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.