Andiswa Mkosi
25 June 2012
The owner of the Japanese fishing vessel which recently ran aground in Cape Town has offered to pay just over four-million-rand for salvage costs.
The SA Maritime Safety Authority regional manager Gustav Louw says they will accept the offer even though it cost seven-million-rand to pull the liner off Clifton beach last month.
Louw says they would get far less from a judicial sale because of added court costs.
He also says that the vessel would also need repairs which could cost more than eight-million rand.
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