MSC Aries crew set for release 'on humanitarian grounds', says Iran
The crew of the seized containership MSC Aries are reportedly set to be released after ...
As far as cargo ship troubles go, the shippers awaiting to hear the outcome of the Hoegh Osaka’s freight won’t be too dismayed – worse things happen at sea. But Jaguar Land Rover, which accounts for the majority of the cars aboard the stricken ship, has nigh-on £100m at stake, according to Reuters estimates. They are insured, but as the luxury car manufacturer pointed out: “Our main objective is to get sold orders to customers.” And as yet, there is no word on the condition of the ship’s cargo.
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Comment on this article
Matthew Loder
January 08, 2015 at 8:13 amOriginal article says 100 Million at stake (= £80.000 * 1200 cars), not 1 million as quoted here above… a slight difference…
Alex Lennane
January 08, 2015 at 9:43 amOops – sorry, it has now been changed. Thank you!