On May 21, 2020, MV “Edelweiss” loaded with 64,611.84 tons of Brazilian soybeans in the port of Santos, Brazil, destined for Qinzhou port, Guangxi. The cargo was insured by PICC Guangxi. After departing Santos, the bolt of the shaft tail was found loosen during the voyage, and the speed of the ship was only 2-3 knots. For the safety of the ship, cargo and crew and required the assistance of tug. On July 6, 2020, the ship's owner declared general average. MV “Edelweiss” was towed to Qinzhou, after which the ship broke down.
On August 21, 2020, the cargo owner signed an agreement on the non-separation of cargo and provided a joint loss guarantee. The mutual loss agreement and joint loss guarantee agreement stated that arbitration or litigation should take place in London.
According to the general average adjustment report, the amount that the cargo interests in this general average accident need to share was 1.9629 million US dollars.
In November 2021, PICC Guangxi entrusted our firm to handle this case. Our lawyers Colin Y F Yang, Judy C Z Lin, Zou Rong, Ding Ting and Liu Binlin handled the case. Our lawyers contacted foreign experts to investigate and to collect evidence on the relevant facts; negotiated with the British lawyers from Clyde & Co appointed by the shipowner; organized two online negotiations with British lawyers appointed by the shipowner; exchanged expert reports and lawyers opinions with the British lawyers; In December 2022 , the British lawyer appointed by the shipowner filed a lawsuit against PICC Guangxi in the High Court of London, England, and our lawyer is preparing to respond.