World News
Removal of Fuel from North Sea Wreck Begins
Two Dutch companies have begun a salvage operation to remove fuel and raise the wreck of the Baltic Ace car carrier, which sank in the North Sea in 2012, killing 11 people, Reuters reports.
Boskalis and Mammoet Salvage will pump about 540,000 litres of fuel from the vessel and remove 1,400 automobiles before cutting the wreck into six pieces and using cranes to bring it up from a depth of 11 metres.
The companies are being paid about €67 million ($91 million) for the operation.
The Baltic Ace sank after colliding with the Corvus J containership about 65 kilometers off the Dutch coast on December 5, 2012.
Danish salvage company Svitzer was hired to remove the bunkers from the ship soon after the accident, but the recovery was paused due to bad weather conditions and the contract with Svitzer was cancelled, according to a report by maritime information site Vesselfinder.
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| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
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| Global Average Bunker Price | 576.00 | 5.50 | 759.00 | 3.50 |
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