oil pumping on wreck

[whydahdiver]

193 dives later, World War II wreck gives up its dangerous cargo - Professional Mariner - October/November 2019


Ciao,


WD

 

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[BLK HOLE]

Very cool salvage!

 

[whydahdiver]

Same problem out at Pearl too, especially on Arizona.


WD

 

[Bum Luck]

“The (more than) 450,000 gallons removed from the Coimbra over the last three months were a hidden threat to the health of Long Island’s marine fishery and the South Shore’s environment”

That's kind of an understatement.

A release was just a mattter of time.

Kudos to the Coast Guard for a difficult and dangerous operation done safely.

 

[A2coins]

Good to hear great post

 

[KANACKI]

It is problem all over the world. Many WW2 ships are at the age where of verge of leaking Oil in the next few years.

The Truk Lagoon in Micronesia is just one more example.

Kanacki

 

[VOC]

They have been doing the same on the Royal Oak over the years.

https://www.maritimejournal.com/news101/pollution-control/royal_oak_oil_removal_continues

 

[KANACKI]

In the Chunk lagoon But three of the 52 wrecks were oil tankers, with a total capacity to carry 32 million litres of fuel – three quarters of what catastrophically leaked from the Exxon Valdez in 1989.

If you work on the rough premise of 32000000.00 * 1.11 world average price of oil per litre = about 35,520,000 gross USD minus 20% for recovery and 20% for reprocessing. 10% Bulk storage and transporting management costs. In theory there could be a potential 17,760,000 USD Profit.

There is specialist salvage company Briggs Marine has shown interested in a possible salvage venture. However Micronesia is poor nation which is not able to bankroll the initial costs of the venture. A present there is drive to reach an agreement to fund the cost of the extraction with Japanese government.

Kanacki