SERIOUS LOSSES AT SEA

Evening Post, Volume CVIII, Issue 141, 11 December 1929, Page 13

SERIOUS LOSSES AT SEA

DAMAGE TO SHIPPING

MARINE INSURANCE VIEW

British Official Wireless. (Received 11th December, 11 a.m.)

RUGBY, 10th December

A serious view is taken in marine insurance market circles in London of the losses suffered at sea during the great gales of the last five days. Although no ship of first importance has figured iv the casualty reports, it is anticipated that claims resulting from the storm will be very heavy. It is estimated that about 100,00U tons of shipping have been lost, stranded, or in distress, but most of the vessels concerned are of the tramp class. Rarely have so mnny telegrams been posted at Lloyd's, as was the case when two hundred relating to a large number of different ships were received. The full extent of the damage caused to shipping may not be known for over twelve months, for many of the vessels damaged have proceeded on their voyages and will be repaired abroad. TWO STEAMERS FOUNDER. The most .serious casualties reported yesterday were those of .the Glasgow steamer Volumnia, which went down in the Atlantic, and the Italian steamer Chieri, which sank off Usbant. A French trawler save five of the Chieri's crew of forty-one, who were found clinging to wreckage. The Volumnia's eiew were saved by the steamer Manchester Regiment, whose captain has received many wireless messages congratulating him and his crew on their splendid Tescue work. There is considerable anxiety regarding ten steam herring trawlers of Lowestoft, which aro storm-bound in the North Sea, and a broadcast appeal to vessels in the southern North Sea was made yesterday by wireless to keep :i look-out for these vessels. It was revealed this morning that the captain of the Swedish steamer Frieda, whose dangerous plight off Deal caused anxiety yesterday, had been swept overboard by the gale and drowned. The Frieda had been rammed while at anchor, and tugs were standing by when the captain was lost. The Frieda, which, with great difficulty was boarded by lifeboatmen, was berthed at Dover this morning.