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Boat Insurance » Salvage

Posts Tagged ‘Salvage’

Owner of burning boat working with Coast Guard to salvage vessel

Tuesday, September 8th, 2015

Owner of burning boat working with Coast Guard to salvage vessel
News from Honolulu Star-Advertiser:

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Sardine Boat’s Salvage Efforts Stop

Friday, March 2nd, 2012

Sardine Boat’s Salvage Efforts Stop
News from KIONrightnow.com:

SANTA CRUZ, Calif. – New information on a sardine ship that sank off the coast of Santa Cruz. The salvage efforts have stopped. That boat is sitting at the bottom of the ocean because the insurance company ran out of money.

The boat Stikine sank 2.5 miles off the coast of Santa Cruz in January. It’s 86 feet under water. The 58-foot boat carried 50-tons of sardines when it capsized.

Chelsea Wagner of Pacific Marine salvage said attempts to remove the wreck have been unsuccessful.

“I’m a little miffed that they spent four weeks and never got a lift bag on,” says Wagner.

Wagner is closely tied to the project. Her dive team helped stop the boat from spilling oil. She said, the owner’s insurance company hired a team out of Washington to remove the boat but, they haven’t made much progress.

“My divers did an evaluation of what these divers were doing. They learned these divers were inland divers. They have never dove on a wreck in the open ocean,” says Wagner. “They also assumed this boat was in 60 feet of water.”

She said, the owner’s insurance company stopped the project because it was costing too much money. The problem is the boat is in the National Marine Sanctuary and the owner could now face a hefty fine.

“It is against the law to alter the sea floor and that boat is altering the sea floor. The fine is…………… continues on KIONrightnow.com

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