The Saddest Day

9th April 1970 is recorded as being the saddest day in the Company’s 40 year history when London Valour, a 24,900 dwt bulk carrier carrying 24,000 tons of iron ore from Novorossiysk ran aground and sank at Genoa during a force 8 gale. The ship dragged her anchors during the gale and struck the rocky foundations of the mole, it is fitting to pay tribute to the gallantry of Officers, Crew and Citizens of Genoa but for whose bravery the loss of life would have been far greater.