请修正1 Receivers opinion and demandsThe receivers insurance broker Mr Lu once again explained the case to the parties present They emphasized that all the cargo discharged from our vessel was damaged es

The receiver's insurance broker, Mr. Lu, explained the case to the parties present, emphasizing that all cargo discharged from our vessel was damaged, with cargo hold No. 4 being particularly affected. Due to the factory's lack of good quality goods, it was unable to perform the blending production to mitigate the loss. Currently, the quality of the products produced from slightly damaged goods is poor, with a KOH protein solubility of about 67% and an acid value of about 3.6-3.8 for crude oil. The receiver hopes for suggestions on mitigation methods and subsequent loss assessment.

The opposing lawyer, Mr. Liu, stated that the soybean meal market is currently strong, and the factory could not issue the quality of the soybean meal produced from our vessel's soybean due to the lack of good soybeans or soybean meal inventory for blending. As a result, the factory has to sell the poor quality soybean meal directly, which affects its reputation. The factory is also facing losses such as product yield, production capacity reduction, increased energy consumption, and auxiliary material consumption. They also asked for our opinion on the handling of 1,700 tons of goods that suffered severe losses. The factory currently tends to mix the 1,700 tons of goods into the entire shipment for processing.

The opposing lawyer also stated that they will try to be as transparent as possible throughout the entire production process, including production data and product samples. However, they require our signature confirmation on the inspection items after the inspection is completed.

The opposing lawyer proposed some suggestions regarding loss assessment. The first suggestion is to use contract price adjustment provisions, where the loss will be calculated based on the change of total damage multiplied by the price stipulated in the contract. The opposing lawyer believes that the change of total damage occurs during transportation, which is a more direct reflection of the loss.

The second method is to statistically determine the actual loss, which is mainly divided into three aspects: product yield loss, various consumption losses, and loss caused by product quality. Regarding the loss caused by product quality, it mainly refers to the decrease in protein solubility of soybean meal, and the value of unit protein solubility can be used as the basis for evaluation