The car carrier Höegh Xiamen has been declared a total loss following a fire that broke out onboard last month in Jacksonville, Florida, its owner announced Friday.

Norway-based Ocean Yield ASA said it expects to receive insurance proceeds in Q3 2020 of about USD 26 million, which is close to the book value of the vessel. Net cash proceeds after repayment of debt related to the vessel will be about $8 million, it said.

The Höegh Xiamen is owned by Ocean Yield and was employed on a bareboat contract to Höegh Autoliners.

The fire on the Höegh Xiamen broke out shortly after completing loading vehicles at JAXPORT’s Blount Island Marine Terminal on June 4. The fire resulted in an explosion which injured nine fire fighters, including two with serious burn injuries. The fire burned for eight days before it was extinguished.

The Question now is there is no information on the state of the cars in the ship......God just help us

Wow!