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Dry Bulk Casualty Towage and Salvage

Grounded bulker in Gibraltar considered total loss

The Gibraltar Port Authority says an independent salvage expert has advised that the bulker is, by definition, already sunk, as the forward three quarters of the ship are damaged and flooded

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The bulker OS 35, which collided with an LNG carrier at the end of August, is considered to be in two pieces, as the hull’s structural integrity has totally failed, the port authority says

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