Seizure order granted for stranded ship

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.

Read more:

• Business Day: Indian tender to buy stranded ship for scrap