In what circumstances might a constructive total loss be declared?

If, for example:Β 

(1) a ship was so badly damaged that the cost of repairs would exceed the value of the repaired vessel (e. g. in the case of an old single-hulled tanker); (2) a ship was ashore in a position from which it would be difficult to refloat her without great expense; or (3) a ship was trapped in a war situation (e. g. as has happened to ships in Middle East conflicts).


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In what circumstances might an actual total loss be declared?

Who are the first people a shipowner should contact whenever his vessel has been involved in a casualty?