SUILVEN
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Owners to seek financial support for salvage
The owners of the "Suilven" has been advised to seek financial assistance to salvage the vessel. Recovering the ship will cost around 20 million dollars. The Fiji Ports Corporation Limited CEO Vaijira Piasena said the company has been trying to secure financing for the salvaging of the sunken ferry, however they have made no real progress so far. The next step will basically to see what other lower cost are and whether salvaging options were there, looking at other salvaging people and also we have asked Venu Shipping to look into that.
Salvage on hold unless getting funded
The Fiji Ports Corporation Limited is looking for more than 42 million dollars to salvage the "Suilven" from the bottom of the Suva Harbour. A request has been sent out to potential donors. All salvage plans are on hold until they figure out how and where to get the money from. The salvage report itself – handed to FPCL two months ago – cost 38000 dollars. Report with photo: http://www.fbc.com.fj/fiji/40942/funds-required-to-salvage-the-mv-suilven-#sthash.kCygXhKB.dpuf
No word on salvage
There was still no word from the owners of the sunken ships in Suva and Levuka as to when salvage work will start on the "Suilven" and "Sinu-i-Wasa I". which sank during the Tropical Cyclone Winston while berthed at Levuka Harbour. The sister ship "Sinu-i-Wasa III" ran aground at Ovalau. The owner of the ships, Venu Shipping, was yet to comment on the matter. The Fiji Ports Corporation Ltd (FPCL) said it would cost more than $F20.79 million to remove the "Suilven" from Suva Harbour, and it was the duty of its owner, Venu Shipping Ltd, to remove the sunken vessel. If the owner is not removing it after the removal order issued by FPCL, then FPCL may remove it at the owner's expense. A legal action had been filed against the company to recover the costs. The MV Suilven was transporting more than $5m worth of tuna loins, canned tuna, fish oil and other products in 25, 20-foot containers with a few trucks that belonged to PAFCO (Pacific Fishing Company). The PAFCO since recovered their losses as their products were insured.
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