Sulpicio Lines has named the companies hired to conduct salvage operations for MV Princess of the Stars, the Philippines ferry that sank on June 21 during Typhoon Fengshen, leaving over 800 passengers dead.
The Department of Transportation and Communication (DOTC) had already set a deadline of this Tuesday to name the contractor who would recover the ship. Another important aspect is the separate recovery of chemicals on board, primarily the fuel and a 10-tonne shipment of the dangerous pesticide endosulfan by Del Monte.
The ship had also been carrying a number of other chemicals in smaller quantities, including metamedopus, carbofuran, niclosemide, and proptineb. All of the chemicals must be removed by order of the DOTC before the vessel is recovered. The chemical recovery is to be performed by Titan Salvage, an international firm owned by Florida's Crowley Maritime Corporation and specialising in sunken and capsized ship recovery. Titan will co-operate with both Sulpicio and the DOTC, and expect the project to be completed within 60 days of the contract being signed.
Once the chemicals on board are removed then the ship itself can be recovered. Sulpicio has also named its contractor for this: Malayan Towage and Salvage Corporation (Salvtug). Salvtug has accepted the contract, but warned that its estimated operation cost is PHP2.25 billion to P4.5 billion, which is roughly equivalent to US$50 million to $100 million. Sulpicio had previously estimated that this exercise would cost P600 million.
