The Teras Lyza offshore liftboat capsized in the South China Sea on Tuesday, Ezion, the liftboat co-owner has informed.
Ezion said on Wednesday that the Teras Lyza was being dead towed from Vung Tau, Vietnam to Taichung, Taiwan when it developed a sudden list to the stern at about 1630 hours June 5 2018, and subsequently capsized.
The company said the Teras Lyza was still floating upside down on Wednesday, with the towing tug, Teras Eden, continuing to standby at location “with a view to ensure safety of navigation and to look out for any potential pollution as Teras Lyza is carrying 75cbm of MGO.”
“Teras Shore Response Team have been activated since yesterday and there has been no report of injuries or casualties arising from the incident. Teras Shore Response Team have also been keeping the relevant parties updated,” Ezion added.
Ezion said Teras Lyza was fully insured by the company’s insurance group, adding it was in talks with the insurers.
“Although there is no contractual obligation on the delivery of Teras Lyza for its potential job, the group will be looking at hiring in and/or building a replacement vessel,” Ezion said.