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Damaged Bulker Unloads

Maritime Activity Reports, Inc.

June 8, 2001

The damaged Malta-flag bulker Olympus has been towed to an anchorage near Porto Alegre off Brazil where a salvage firm will discharge cargo and bunkers starting on Friday, Reuters reported. The 34,995-dwt bulker, laden with 27,000 tons of wheat, was in collision with the Brazil-flag bulker Sao Sebastiao on May 29. Olympus has damage along its starboard side. Twenty percent of its grain cargo has so far been lost, as has 250 tons of bunker oil. - (Reuters)

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