Insurance Claim: Pakistan Steel receives Rs310m

The ship struck a rock in the sea and eventually sank as water made its way into the vessel.

Ppi September 06, 2011
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insurance claim pakistan steel receives rs310m
Insurance Claim: Pakistan Steel receives Rs310m
KARACHI: Pakistan Steel has received over Rs310 million in insurance claim following a ship carrying 25.81 tons of iron ore from India to Pakistan sank in the sea in the limits of India in March, a press release said on Monday. It said that MV Mirach left India’s loading ports Haldia and Vizag on March 24 for Pakistan. The ship struck a rock in the sea and eventually sank as water made its way into the vessel.

Published in The Express Tribune, September 6th, 2011.
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