Navio Amaryllis pays USD 10 million in damages incurred to Rasfari Reef

Owner of bulk carrier Navio Amaryllis pays USD 10 million (MVR 154 million) to Maldives Monetary Authority (MMA) as compensation for damages incurred on Rasfari Reef in Male' Atoll, where it ran aground in August this year.

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(FILE) Aerial shot of the bulk carrier Navio Amaryllis that had run aground in Rasfaree Reef in August: the bulk carrier has been granted permission to leave Maldives as it had paid the amount due in damages --Photo: Mohamed Shaahid

Lamya Abdulla

2021-12-06 11:53:52

Owner of bulk carrier Navio Amaryllis pays USD 10 million (MVR 154 million) to Maldives Monetary Authority (MMA) as compensation for damages incurred on Rasfari Reef in Male' Atoll, where it ran aground in August this year.

The bulk carrier was en-route to South Africa after departing from Tuticorin, India, when this incident occurred. The ship registered to Panama was 623 feet long, and had ran aground due to engine failure.

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