Guangzhou Salvage is set to be awarded a salvage contract to remove the half sunken wreck of the panamax bulker Flourishever off the coast of Southern China.
The job is one in a series of high-value wreck removals recently won by Chinese salvors that is starting to grab the attention of the industry’s leading outfits.
The 74,523-dwt Flourishever (built 1995), controlled by Hong Kong-based Xintai International Shipping, grounded near Shantou in the South China Sea off Nan’au Island at the end of February.
