Ship builder condemns fisheries agreement between EU and Mauritania

The largest Mauritanian capital holder Masof Mauritanie will denounce the agreement on fisheries between the European Union (EU) and Mauritania due to the disinterest of the Spanish company Santiago Iglesias-Carballo - and their insurer Mutua Pesquera - by the sinking of one of its ships , which occurred a year ago.
Masof Mauritanie recalled how on 20 August 2009, an accident occurred in Mauritanian waters which resulted in the sinking of the Mauritanian ship, Sultana III, due to the Spanish flagged ship, Bahía de Portosanto.
From that fact, Masof executives claim that the Spainish shipbuilding company should replace their vessel, as they have already had to fire their crew, which were both Chinese and Mauritanian, and since they also lost an important fishing vessel.
Masof told FIS that although the Spanish firm verbally offered EUR 800,000 to cover all of the costs incurred by the accident, the company refused it.
The African company wants them to: 
•    Pay the amount of the value of the Sultana III, or that they offer a similar vessel;
•    Cover social costs, the amount of redundancy payments made to the workforce by returning to Asia;
•    Pay the amount that they lost by no longer being able to fish, estimated at around EUR 120,000 per month for 12 months (which is what will be met in August 2010)
•    Cover the cost of a cephalopod fishing license in Mauritania, which can amount to EUR 1.1 million
•    Cover the cost of all the tools and equipment that were onboard the boat at the time of its sinking, including fuel;
•    Implement the program on Corporate Social Responsibility (CSR).
As part of the negotiation process, a Mauritanian delegation met the company last July in Madrid.
But the European vacation and the alleged lack of interest by Santiago Iglesias Carballa and Mutua Pesquera to find a solution to the conflict, as claimed by Masof, has led the Mauritanian firm to initiate action against them before the EU.
 Masof stressed it values assistance by the Spanish Government, especially that of the General Secretariat of the Sea, Ministry of the Environment and Rural and Marine Affairs (MARM) and the Embassy of Spain in Mauritania, to reach an agreement.