Yacu Taski is the latest dry bulk casualty. The firm, part of Peruvian Amazon Line, takes timber from the Amazon to Mexico, and is expected to make its bankruptcy public shortly.
The company, whose origins stretch back to 1970, has just one ship at present, Yacu Kallpa, which it abandoned at the Mexican port of Tampico late last month leaving its 18 Peruvian crew stranded. Part of the timber cargo has been ruled illegal, harvested from protected rainforest – what is left over the crew are trying to sell in a bid to claw back some of the $120,000 in salary arrears they claim they are owed. Conditions onboard the ship are described in local media as deplorable.
The ship is now up for sale, priced at $4m. Peruvian authorities are looking to get the crew repatriated soon.