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1) Cebu Salvage Corporation entered into a voyage charter with Maria Cristina Chemicals Industries to transport 1,100 metric tons of silica quartz from Ayungon, Negros Occidental to Tagoloan, Misamis Oriental aboard the M/T Espiritu Santo. 2) The M/T Espiritu Santo sank on December 24, 1984 off the coast of Opol, Misamis Oriental, resulting in the total loss of the cargo. 3) Philippine Home Assurance Corporation, the insurer of Maria Cristina Chemicals Industries, paid the claim for the lost cargo and s

Author

Arah Salas Palac

Language

EN