World Insurance Report
Marine
12.8, non-removal of wreck
Belize: part containerised general cargo
Transfer
, which ran aground on top of Belize’s barrier reef 20 months ago, is still sitting on the reef with no indication that it
will be removed any time soon. This is because the US$500,000 paid out by a British insurance company to assist in the removal
of the abandoned vessel has vanished, and so has the company paid to do the job. Belize’s Department of the Environment, the
legal body responsible for wrecks at sea, confirmed that a local company, identified as 3-D Marine of Belize City, was paid
$500,000 to remove the wreck early last year. Initial attempts to dislodge the wreck using two small tugs from Guatemala failed
to budge the vessel in July last year at a time when Hurricane Emily threatened Belize’s coastline. The vessel has since moved
further onto the reef, causing extensive damage to the coral. Since then, 3-D Marine’s only known officer, identified as Eliott
Tulloch, is nowhere to be found and the wreck remains on the reef near Lighthouse Reef Atoll, posing a greater danger than
ever.