Insurers of the grounded 73,600-dwt panamax bulker Solomon Trader (built 1994) are working on a plan to refloat it from a reef off Rennell Island in the Solomon Islands.
The vessel has been aground with 11,000 tonnes of bauxite onboard since it was caught up in Cyclone Oma on 5 February.
TradeWinds understands that plans are being drawn up by third-party liability insurer Korea P&I Club, salvor Resolve Marine and local authorities to remove the ship in one piece, although a date has not yet been fixed for the attempt.
