R4m offered for Cape Town salvage costs

2012-06-25 12:44

Cape Town - The owner of the Japanese fishing vessel Eihatsu Maru, which recently ran aground in Cape Town, has offered to pay R4m for salvage costs, the Cape Times reported on Monday.

SA Maritime Safety Authority regional manager Gustav Louw said it would accept the offer of $495 000 (about R4.16m), even though it cost R7m to pull the liner off Clifton beach last month.

"We would be lucky if we got $500 000 (about R4.21m) from a judicial sale, and it could be less. And then the court costs are high, and it takes time.

"Also, the vessel's 28-years-old and it's damaged, it's been on the rocks and bounced off onto the sand, so you're looking at about $1m (about R8.42m) to repair it."

The vessel ran aground in thick fog on May 12.

Rescuers had to drain the ship of diesel fuel to make it lighter, and had to wait for the tides to co-operate in salvage efforts.

The team also had to weld a bracket onto the ship, strong enough to withstand pull forces by a trawler.

  • Kala - 2012-06-25 12:55

    Take the money and keep the ship. They will probably get R8 million from their insurance thereby making a tidy profit. The invoice is R7million, pay the money in full. - 2012-06-25 16:25

      " pull the LINER off Clifton beach". HA HA HA. If it was in fact a liner, what happend to the paying passengers ?

  • darren.king.58118 - 2012-06-25 13:00

    …and property in that area cost R70 million, rather dock your vessel, it's cheaper.

  • catgirl1971 - 2012-06-25 13:03

    The correct headline should read: R4m offered for Eihatsu Maru salvage costs. Come on now News 24!

  • Lee.CPT.ZA - 2012-06-25 13:52

    Why are we even letting such unsecured ships into South African waters? How much more money does the authorities need to lose, before such a proposal is tabled? It is just to easy to walk away! Try driving your car overseas without the necessary insurance papers....

  • Evaredy - 2012-06-25 14:03

    She is Taiwanese not Japanese...

  • russell.edmunds.7 - 2012-06-25 14:22

    Has anyone stopped to think and ask how the figure of R7 million was reached. My understanding was that no fuel leaked out and the vessel needed to be towed off the beach, how much does it cost to charter a few ships/tugs for a few days? Were these government/portnet vessels (ie owned by the tax payer anyway)I mean what are the real costs involved. Perhaps someone is making their entire years budget through one salvage operation.

      Ze Don - 2012-06-25 15:09

      If memory serves; salvage costs are based on the value of the vessel, it's cargo and the difficulty of the recovery. The biggest cost will always be fuel for the recovery vessels.

  • - 2012-06-25 15:14

    Take the money. You still making a huge profit.

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