Search across every sea waybill, customs invoice, freight manifest, carrier agreement, and transport damage log in your organization's archive — instantly, and in plain English.
| Insured Party | Nexus Logistics International B.V. | Date of Settlement | 28 March 2024 |
| Vessel & Voyage | M/V Maersk Atlantic (Voyage 2401W, Hamburg – Newark) | Insurance Policy | Open Ocean Cargo Policy #MAR-90412 |
| Casualty Event | Severe North Atlantic Storm (Force 9 Beaufort Sea State) | Agreed Claim Value | $125,000.00 USD (Net of Deductible) |
WHEREAS, the Insured sustained total physical cargo loss and seawater contamination to high-value medical diagnostic sensors shipped under Ocean Waybill MSK-892104 aboard the M/V Maersk Atlantic, during heavy sea passage on 28 January 2024;
| Loss Component / Survey Assessment | Surveyor / SGS Basis | Disposal / Salvage | Liquidated Indemnity (USD) |
|---|---|---|---|
| Gross Invoice Value (1,400 Cartons Precision Optics) | SGS Marine Survey Report #SGS-HAM-894 | Total Commercial Loss | $138,500.00 |
| Less: Certified Scrap Salvage Realized | Newark Port Salvage Auction | Metals Recovery | ($8,500.00) |
| Less: Contractual Policy Deductible | Cargo Policy #MAR-90412 Terms | Standard Deductible | ($5,000.00) |
| NET SETTLEMENT AMOUNT APPROVED BY ALLIANZ | Funds Transferred | $125,000.00 | |
Upon payment, Underwriters are fully subrogated to all rights and remedies of the Insured against the ocean carrier, vessel owners, and port terminal operators pursuant to the Hague-Visby Rules.