Loss Prevention Advice
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Greece has rescued all nine crew members, eight Turkish nationals and one Azerbaijani, after a cargo vessel ran aground on rocks and sank off the island of Andros on 6 May.
The Vanuatu-flagged ship, identified as Corsage C, had departed Albania carrying hundreds of metric tons of soda and was en route to Ukraine when the incident occurred, Reuters reports.
Officials said there were no visible signs of pollution, though precautionary measures are underway. Two coast guard vessels equipped for anti-pollution response, along with two additional support units, are being deployed to install a protective sea barrier.
Two crew members were pulled from the water, while the remaining seven were rescued from a rocky area on Andros. All were reported to be in good condition and taken to a local clinic.
The ship’s captain confirmed that all crew members of the cargo vessel were accounted for.
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Several serious incidents have been linked to clay cargoes; they point to a troubling gap between theoretical classification and real-world behaviour.
As explained by V. Rama Chandran, Assistant Vice President, Technical Manager, Skuld, under the IMSBC Code, clay is classified as a Group C cargo, meaning it is not considered susceptible to liquefaction. However, operational experience and laboratory testing suggest otherwise.
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Operating and passing through power-operated watertight doors remain one of the most overlooked yet potentially fatal hazards on board ships, Gard Club highlights.
As explained by Gard, watertight doors are critical safety barriers, designed to maintain a vessel’s stability and buoyancy in the event of flooding. However, their power and closing speed can pose a serious threat to crew members, especially when procedures are misunderstood, ignored, or bypassed.
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On April 28, 2026, the U.S. Office of Foreign Assets Control (“OFAC”) published FAQ 1249 regarding sanctions risks associated with “toll” payments to Iran for safe passage through the strait of Hormuz. Additionally, on April 28, 2026, OFAC published a sanctions Alert titled “Sanctions Risk of Dealing with Teapot Oil Refineries.” OFAC FAQ 1249 The FAQ makes clear that payments to the Government of Iran or the Islamic Revolutionary Guard Corps (IRGC), directly or indirectly, for safe passage through the Strait of Hormuz would not be authorized for U.S. persons, including financial institutions, or for U.S.-owned or controlled foreign entities. Such payments would also create significant sanctions exposure for non-U.S. persons.
Specifically, foreign financial institutions and other non-U.S. person’s risk exposure to sanctions for engaging in certain transactions or activities involving designated or otherwise blocked persons.
This includes the Government of Iran and the IRGC, which is sanctioned pursuant to several authorities, including non-proliferation and counterterrorism sanctions authorities, and is designated as a Foreign Terrorist Organization.
Full advisory at the following link.