Salvage Cost of Stranded Tanker Soars

Thursday, July 28, 2011

According to a report on www.businessday.co.za, bad weather could drive up the cost of salvaging the stranded oil tanker MT Phoenix to $4.5m, citing information from the South African Maritime Safety Authority. The tanker reportedly ran aground north of Durban on Tuesday.
One well-placed industry source cited by the news service estimated the costs could soar even higher.
Phoenix reportedly was stranded off a residential area, making the salvage job that much more challenging.
(Source: www.businessday.co.za)

Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Casualties

Dutch Chief Mate Sentenced for Fatal Collision

Gerardus Chapel, the chief mate at the helm of the dredger that collided with a sailing yacht at the entrance to the River Orwell in Suffolk last summer, has received a six-month sentence.

More Bodies Found in Bangladesh Ferry Disaster

Nine bodies were retrieved from a river in central Bangladesh on Wednesday, said Harun-ur Rashid, a regional police official, bringing to 79 the number of people

Lysblink Seaways to Be Towed to Shelter

Cargo ship Lysblink Seaways, which ran aground on Scotland’s west coast February 18, will be transported to shelter this afternoon after a successful ship-to-ship

 
 
Maritime Contracts Maritime Security Naval Architecture Offshore Oil Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.4961 sec (2 req/sec)