Sical Logistics - Updates on the loss of Samudrika 10 off Bombay High

Sical Logistics Ltd has announced that two more bodies of the missing crew of Samudrika 10, the OSV which sank off Bombay High on July 09, 2007 have been recovered. The bodies have been washed to far off Bhilad, Valsad District, on the Gujarat coast due to strong northerly currents and waves.

Coast guard rescuers had earlier recovered bodies of four crew men near the site of mishap. The bodies have been identified.

Family members and next of kin of the deceased have been informed and necessary arrangements for the bodies to reach their families have been made. The family members of the deceased would receive compensation as per their insurance cover and this amount would be matched by the Company. The Company will offer employment opportunities to the next of kin of the deceased and will offer long term support to families who have lost their sole breadwinner.

Samudrika 10 was manned by 17 crew when she sank. Search and rescue operations to find the two crewmen still missing, will continue. Nine of the crew were rescued and brought back to Mumbai by ONGC on July 09, 2007. Immediate exgratia was provided to all rescued crew by ONGC. After the medical treatment carried out at the Helibase, the Company has taken charge of the rescued crew. The Company is extending its full cooperation to ONGC and the rescue team. The Company is also physically and financially assisting the family members of the crew who have survived and those who have unfortunately lost their lives.

Samudrika 10 had sailed out of Nhava Supply base of ONGC on July 06, 2007. At 1235 hrs, the vessel started sinking by stern. The vessel received several heavy swells as a result of which it went down by stern and could not come back to normal position due to the unexpected shifting of heavy cargo and aggravated weather conditions.

The Company will work to ensure that due compensation reaches the next of kin at the earliest. The search operations will continue. Aerial and sea search has been extended up to the coast of Gujarat.

Source : Equity Bulls

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