When the anchor and chain are lost, the Master shall immediately confirm ship’s position and make note of the exact position and time the loss took place. If possible, throw in an anchor buoy to assist in a later recovery attempt.
When loss of the anchor and chain resulted from a cause such as illegal navigation of another vessel, the Master shall record:
- the Name of the opposing ship,
- its Owner,
- Port of registry,
- Last and Next Port of Call.
The Master shall tender a Claim Letter to the opposing ship and seek its Master’s signature After the anchor and chain are lost, the Master shall make an initial report to the Company .