Titan Redelivers Salvaged Car Carrier

August 17, 2006

Titan worldwide salvage company and subsidiary of Crowley Maritime Corporation, redelivered the car carrier Cougar Ace to owners yesterday in Dutch Harbor, Alaska. The vessel was delivered safely afloat in a condition acceptable to the vessel owners. The vessel still has a small list to port to contain the small pockets of water still onboard, but is well within the vessel's normal operating parameters. The ship, operated by Mitsui O.S.K. Lines, Ltd. (MOL), is loaded with approximately 5,000 automobiles bound for the U.S. and Canada. This concludes a 24-day salvage job that started with the vessel listing 70 degrees to port, in the North Pacific. The U.S. Coast Guard had removed the crew of the Cougar Ace from the vessel while it was adrift south of the Aleutian Islands.

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