News / Sea Consortium sues for $29.4m in cargo lost when TSS Pearl sank

UPDATE: 16.12.2022. Removed sentence saying that Tehama “reportedly rebranded as Marsa Ocean Shipping”, with apologies to Marsa. The relationship is explained here.

Singapore based Sea Consortium, parent of X-Press Feeders, has filed a $29.4m lawsuit in the US against former partner Tehama Shipping for the loss of cargo from the TSS Pearl, which sank in the Red Sea on 8 October.

Although Tehama operates vessels in the Middle East, Sea Consortium has filed the suit quasi in rem, meaning the company being ...