• Second engineer Vinay Kumar was among the crew stranded aboard the Mt Iba vessel, which washed up in Umm Al Quwain. All photos: Nick Webster
    Second engineer Vinay Kumar was among the crew stranded aboard the Mt Iba vessel, which washed up in Umm Al Quwain. All photos: Nick Webster
  • The Mt Iba, owned by Alco Shipping Services, grounded on Umm Al Quwain public beach during rough weather and strong winds on Friday, Janaury 22.
    The Mt Iba, owned by Alco Shipping Services, grounded on Umm Al Quwain public beach during rough weather and strong winds on Friday, Janaury 22.
  • Chief engineer Nay Win kept in regular contact with the Federal Transport Authority during his four years on board the Mt Iba.
    Chief engineer Nay Win kept in regular contact with the Federal Transport Authority during his four years on board the Mt Iba.
  • The deck of the 5,000-tonne Mt Iba that was grounded on Umm Al Quwain public beach on Friday, January 22.
    The deck of the 5,000-tonne Mt Iba that was grounded on Umm Al Quwain public beach on Friday, January 22.
  • Chief engineer of the Mt Iba, Nay Win, had been waiting 43 months to return home. Trouble in Myanmar has further delayed his plans to go home from Umm Al Quwain where his ship has run aground.
    Chief engineer of the Mt Iba, Nay Win, had been waiting 43 months to return home. Trouble in Myanmar has further delayed his plans to go home from Umm Al Quwain where his ship has run aground.
  • On board Mt Iba that ran aground in Umm Al Quwain in Dubai on January 22.
    On board Mt Iba that ran aground in Umm Al Quwain in Dubai on January 22.
  • On board Mt Iba that ran aground in Umm Al Quwain on January 22.
    On board Mt Iba that ran aground in Umm Al Quwain on January 22.

Abandoned seafarers paid wages as stricken ship towed off Umm Al Quwain beach


Nick Webster
  • English
  • Arabic

Sailors abandoned for 43 months on board a tanker off the coast of Umm Al Quwain are finally set to return home after agreeing to a settlement on outstanding salaries.

The five crew, chief engineer Nay Win, second engineers Riasect Ali and Vinay Kumar and ordinary seamen Nirmal Singh Bora and Monchand Shaikh agreed to a payout of $165,000 on Monday.

The men had not been paid since 2018 after the Mt Iba's owner, Alco Shipping Services, ran into financial problems.

Two cheques handed over to the Mission to Seafarers charity were presented on Tuesday, to deliver 50 per cent of what the sailors are owed in wages.

The vessel will be towed to an anchorage point on Tuesday afternoon for possible repairs to be made.

The crew will be taken to Dubai Maritime City where they will wait 15 days for legal work on the sale of the vessel to be completed.

They will then be paid the rest of the money they are owed.

Waqar Ijaz Hasan, the representative of Alco Shipping who agreed to the sale of the vessel to Shark Power Marine Services, said he was relieved the issue was finally resolved.

“This is good news for all of us,” he said.

“We never stopped working to resolve the situation and the crew will now go to the next available port.

“From there they will go home to their families.”

Alco has agreed to cover the cost of repatriating the men to their countries in what will be an emotional family reunion.

Mr Win, from Myanmar, and Mr Ali, from Pakistan, had been on board since July 2017, with the rest of the Indian crew joining the ship in 2018.

  • Preparations are made to tow the Mt Iba tanker away from shore in Umm Al Quwain. All pictures by Chris Whiteoak / The National
    Preparations are made to tow the Mt Iba tanker away from shore in Umm Al Quwain. All pictures by Chris Whiteoak / The National
  • The vessel ran aground near to a public beach last month
    The vessel ran aground near to a public beach last month
  • A bid to tow the ship to an anchorage point was launched on Tuesday afternoon
    A bid to tow the ship to an anchorage point was launched on Tuesday afternoon
  • A tug begins to tow the Mt Iba oil tanker from Umm Al Quwain, where it ran aground last month
    A tug begins to tow the Mt Iba oil tanker from Umm Al Quwain, where it ran aground last month
  • Abandoned sailors can now look forward to the future with renewed hope after securing a pay settlement
    Abandoned sailors can now look forward to the future with renewed hope after securing a pay settlement
  • The sale of the Mt Iba oil tanker will bring to a close a tortuous journey for its crew
    The sale of the Mt Iba oil tanker will bring to a close a tortuous journey for its crew
  • The oil tanker ran aground close to the shore of Umm Al Quwain
    The oil tanker ran aground close to the shore of Umm Al Quwain

The crew was left with little food and short of diesel to run generators for power and air-conditioning and water.

The ordeal appears to be coming to an end with a tugboat preparing to tow the 5,000-tonne vessel clear from sand on Umm Al Quwain public beach on Tuesday at high tide, about midday.

That operation is being funded by the new owner of the tanker that is likely to return to operation.

That may not be a simple process, and could take up to two days depending on how the ship was grounded.

Once at DMC, the crew will be able to process travel documents and undergo PCR testing to enable them to travel back to their countries.

"From the seafarers viewpoint this is a satisfactory outcome," said Andy Bowerman, regional chief of the Mission to Seafarers.

"Seventy per cent is a fair amount considering the state of the company that owned the ship," he said.

“The crew came across on a small boat to the beach to meet with the owner and the new company to sign the agreement on Monday. It was quite emotional for them all.

“There is still a risk for the crew who must stay on board until the vessel is fully repaired.

“The crew were elated that this was finally happening, but they are very close now it is hard for them to believe this is finally happening.

“I don’t think they will quite believe it until they have the money in their hand.”

yallacompare profile

Date of launch: 2014

Founder: Jon Richards, founder and chief executive; Samer Chebab, co-founder and chief operating officer, and Jonathan Rawlings, co-founder and chief financial officer

Based: Media City, Dubai 

Sector: Financial services

Size: 120 employees

Investors: 2014: $500,000 in a seed round led by Mulverhill Associates; 2015: $3m in Series A funding led by STC Ventures (managed by Iris Capital), Wamda and Dubai Silicon Oasis Authority; 2019: $8m in Series B funding with the same investors as Series A along with Precinct Partners, Saned and Argo Ventures (the VC arm of multinational insurer Argo Group)

Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

Winners

Best Men's Player of the Year: Kylian Mbappe (PSG)

Maradona Award for Best Goal Scorer of the Year: Robert Lewandowski (Bayern Munich)

TikTok Fans’ Player of the Year: Robert Lewandowski

Top Goal Scorer of All Time: Cristiano Ronaldo (Manchester United)

Best Women's Player of the Year: Alexia Putellas (Barcelona)

Best Men's Club of the Year: Chelsea

Best Women's Club of the Year: Barcelona

Best Defender of the Year: Leonardo Bonucci (Juventus/Italy)

Best Goalkeeper of the Year: Gianluigi Donnarumma (PSG/Italy)

Best Coach of the Year: Roberto Mancini (Italy)

Best National Team of the Year: Italy 

Best Agent of the Year: Federico Pastorello

Best Sporting Director of the Year: Txiki Begiristain (Manchester City)

Player Career Award: Ronaldinho

MATCH INFO

What: Brazil v South Korea
When: Tonight, 5.30pm
Where: Mohamed bin Zayed Stadium, Abu Dhabi
Tickets: www.ticketmaster.ae

The%20Super%20Mario%20Bros%20Movie
%3Cp%3E%3Cstrong%3EDirectors%3A%3C%2Fstrong%3E%20Aaron%20Horvath%20and%20Michael%20Jelenic%0D%3Cbr%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Chris%20Pratt%2C%20Anya%20Taylor-Joy%2C%20Charlie%20Day%2C%20Jack%20Black%2C%20Seth%20Rogen%20and%20Keegan-Michael%20Key%0D%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%201%2F5%3C%2Fp%3E%0A
Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

THE%20SPECS
%3Cp%3EEngine%3A%204.4-litre%20twin-turbo%20V8%20hybrid%0D%3Cbr%3EPower%3A%20653hp%20at%205%2C400rpm%0D%3Cbr%3ETorque%3A%20800Nm%20at%201%2C600-5%2C000rpm%0D%3Cbr%3ETransmission%3A%208-speed%20auto%0D%3Cbr%3E0-100kph%20in%204.3sec%0D%3Cbr%3ETop%20speed%20250kph%0D%3Cbr%3EFuel%20consumption%3A%20NA%0D%3Cbr%3EOn%20sale%3A%20Q2%202023%0D%3Cbr%3EPrice%3A%20From%20Dh750%2C000%0D%3Cbr%3E%3C%2Fp%3E%0A
COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
MISSION: IMPOSSIBLE – FINAL RECKONING

Director: Christopher McQuarrie

Starring: Tom Cruise, Hayley Atwell, Simon Pegg

Rating: 4/5