[Max Shipping Services Limited](https://maxshippingservices.com) said it owns the floating storage unit ANAMBRA BASIN FSO but was not the operator of the oilfield nor a party to the operational arrangements with the host community when a boat allegedly capsized in Kula, [Rivers State](https://en.wikipedia.org/wiki/Rivers_State), leaving several people feared dead. The company issued a statement to clarify its role and distance its chairman, Chief Cletus Ibeto, from the incident.
**What contractual arrangement governs the vessel?**
The statement explained that ANAMBRA BASIN FSO was hired to Menal Technical Services Limited under a Marine Equipment Hire Agreement dated 20 September 2024, which was later amended. The agreement assigned Menal Technical Services specific duties concerning operational exigencies, community settlements, vessel and personnel security, and demobilisation. Max Shipping said the decision to retrieve the vessel was driven by prolonged outstanding hire payments and failed attempts to secure settlement.
**Was any oil spilled during the recovery?**
Addressing environmental concerns, the company asserted that the crude oil stored aboard the vessel had been discharged before the recovery operation. It referenced tank inspection documents issued by Checkirem and GSV Inspection Services Limited in September 2026, which recorded that the inspected tanks were free and clean of crude oil at the time of inspection. The documents are being preserved for submission to relevant authorities if required.
**How did the company respond to the reported loss of lives?**
Max Shipping expressed sorrow over reports that lives might have been lost, stating, "We recognise the distress and uncertainty experienced by those awaiting confirmation of the whereabouts and condition of their loved ones." It called on security agencies to investigate the capsizing, establish the circumstances, and take lawful steps to protect lives and prevent further incidents. The firm appealed for calm, urging all parties to refrain from violence and allow competent authorities to determine the facts.
**What is the company’s stance on media reporting?**
The statement emphasized that vessel ownership should not be conflated with operational arrangements at the oilfield. Max Shipping urged the media and public to base serious allegations on verified facts rather than assumptions. It reaffirmed its commitment to peaceful community relations, noting that it has maintained cordial ties with host and neighbouring communities through engagement and social responsibility initiatives.
**Who is Chief Cletus Ibeto?**
[Chief Cletus Ibeto](https://en.wikipedia.org/wiki/Cletus_Ibeto) is a prominent Nigerian businessman and the chairman of Max Shipping Services. The company stressed that personal links between Ibeto and the incident are unfounded and that contractual obligations, not ownership, should be the focus of any investigation.