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Volkswagen may have to appear at court for loss of vehicles carrier

The Volkswagen company may soon have to appear before a German court because an electric car from the company caught fire allegedly leading to the sinking of the 'Felicity Ace'. The fire that broke out on the ship with thousands of cars on board is said to have been caused by a defective battery of a Porsche, a subsidiary of Volkswagen. Volkswagen confirmed the charges.. Whether there will actually be lawsuits depends on whether there is a settlement from the discussions that the creditors will hold with Volkswagen in March 2024 under the leadership of a German judge. One of two lawsuits in this matter is pending in Stuttgart and is directed against VW's subsidiary Porsche (AZ: 26 O 30/23). The roughly half dozen plaintiffs include the shipowner Mitsui OSK Lines and Allianz, one of the freighter's insurers. The proceedings are currently on hold because mediation talks are scheduled for this month in a parallel process before the Braunschweig regional court against two other VW subsidiaries. The results of these should first be awaited (AZ: 12 O 421/23). So far, the Stuttgart judges have not yet dealt with any substantive questions. The parties have been arguing for months over the amount of security to be deposited for legal costs.

Felicity Ace

Ausgebrannter Autofrachter gesunken Das Schiff sollte abgeschleppt werden, nun ist es gesunken: Die »Felicity Ace« war auf dem Atlantik in Brand geraten.. Burned-out car freighter sunk The ship was supposed to be towed, now it has sunk: The »Felicity Ace« had caught fire on the Atlantic.

Car Carrier fought off pirate attack close to Tanzania

Fast thinking by the master of a Mitsui OSK Lines car carrier has helped the ship fight off a pirate attack close to Tanzania, TradeWinds has learned. A pirate mob fired rocket propelled grenades at the 5,232-vehicle Felicity Ace (built 2005) shortly after they had failed to take a fishing vessel yesterday in the same area. Taking advantage of the increasing choppy seas at the start of the monsoon season the captain turned his ship into the swell. More at: http://www.tradewinds.no/casualties/582208/masterstroke-saves-ship