Smit Salvage Secures Indian Ship Salvage Deal

9 December 2010 (Last Updated December 9th, 2010 18:30)

Royal Boskalis subsidiary Smit Salvage has secured a $66.5m contract to salvage two ships which were involved in collisions off the Indian coast. Under the contract, the Netherlands-based company will refloat two container vessels, the MSC Chitra and Tiger Spring. Th

Royal Boskalis subsidiary Smit Salvage has secured a $66.5m contract to salvage two ships which were involved in collisions off the Indian coast.

Under the contract, the Netherlands-based company will refloat two container vessels, the MSC Chitra and Tiger Spring.

The 1980-built, 2,134teu Chitra was involved in a collision with a bulk carrier on 7 August 2010.

The second contract involves refloating the Gibraltar-flagged, 971teu boxship Tiger Spring, which sunk in the Hooghly River near Kolkata following a collision with another container vessel on 24 November 2010.

The projects are expected to be completed before the end of Q1 2011.