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Seizure order granted for stranded ship

The South African Maritime Safety Authority, reports Business Day, was yesterday granted a seizure and sale order by the Pietermaritzburg High Court against the owners of the MT Phoenix oil tanker that ran aground of Salt Rock, north of Durban last week.

5 Aug 2011

The ship was loaded with about 400 000 litres of oil that has already been removed and taxpayers will face a huge bill of about R40 million to refloat the ship and remove it from the beachfront.

According to an article published in Business Day, the maritime authority has accepted a tender from Amandla Iron, an Indian scrap company, to buy the vessel for scrap. It will pay US$422 000.

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