Bulk carrier Ocean Breeze declared a total loss

The owner of bulk carrier Ocean Breeze stranded on Llolleo Beach, Chile, since August 16 2012, declared vessel a total loss, as the cost of salvage and repair exceeds the cost of the vessel. Insurers are to invite bids for the removal of the vessel, contenders are to submit a plan envisaging the disposal of the cargo left on board, some, 30,000 tons of wheat and soybeans. Tender is to be resolved in two weeks, said the maritime authorities of San Antonio.
Grounding news:
Bulk carrier Ocean Breeze aground and battered by storm, Chile
Bulk carrier Ocean Breeze drifted aground early in the morning August 16 after dragging anchor on the road off Chilean port of San Antonio in a stormy weather. Vessel arrived to San Antonio from Chilean port Arica and was anchored for already 2 days. Vessel drifted onto the Llolleo Beach and went hard aground on a sandbank. Chilean Navy helicopters rescued 24 crew members, most of them Filipino nationals. Vessel is loaded with wheat and soy beans. It is understood there is no salvage yet due to bad weather, forecast says the weather won’t improve until August 20 at least, meanwhile the vessel is being battered by waves risking serious damages.
Maritime Bulletin http://www.odin.tc

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