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Accident with Russian ship in Iceland to be recognized as insurance event after estimation

The Kruzenshtern collided with two Icelandic ships while making an U-turn to leave the port of Reykjavik on June 11, 2015

KALININGRAD, June 23. /TASS/. The accident with the Russian sailing ship Kruzenshtern at the port of Reykjavik, where it collided with two Iceland’s coastal guards boats, can be recognized as an insurance event only after loss estimation by an independent ship surveyor company, the press service of Russia’s insurance company Rosgosstrakh, the ship’s insurer, told TASS on Tuesday.

"An accident is recognized as an insurance event with subsequent loss repayment only after an examination and damage estimation," the company said, adding that earlier reports that the accident had been recognized as an insurance event were not true. "An accident is recognized as a loss occurrence only after a surveyor assessment, which may take one to two days.

The Kruzenshtern holds the Rosgosstrakh hull insurance policy to a sum of more than $18 million.

The accident with Russian barque Kruzenshtern

The accident took place in Reykjavik on June 11, 2015. The Kruzenshtern collided with two Icelandic ships while making an U-turn to leave the port of Reykjavik. The ship was navigated by a marine pilot of the local port and the U-turn operation was performed by two Icelandic tugboats. No one was hurt. All the three vessels sustained minor damages.

A spokesman for the Kaliningrad State Technical University, the owner of the barque, said earlier that the accident had not told on the ship’s navigability and The Kruzenshtern needed no major repairs.

On June 24, The Kruzenshtern is to leave Murmansk for another port Russian northwestern port, Arkhangelsk. She is expected to call at the Kaliningrad port where she will have its damaged bowsprit repaired. After that, the barque would continue her 2015 voyage dedicated to the 70th anniversary of the victory in World War Two.

The Kruzenshtern, a four-masted barque, was built in 1926 at Geestemnde in Bremerhaven, Germany and was given the Italian name of the Padua (after the Italian city). She was surrendered to the Soviet Union in 1946 as war reparation and renamed after the early 19th century Baltic German explorer in Russian service, Adam Johann Krusenstern (1770-1846). She is now a Russian Navy sail training ship. Of the four remaining Flying P-Liners, the former Padua is the only one still in use, mainly for training purposes, with her homeports in Kaliningrad (formerly Koenigsberg) and Murmansk. After the Sedov, another former German ship, she is the largest traditional sailing vessel still in operation.