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Capre Flattery Rrefloated

Maritime Activity Reports, Inc.

February 14, 2005

The U.S. Coast Guard issued a Press Release stating that the bulk carrier CAPE FLATTERY has been refloated off the reef near Barbers Point, Hawaii. The salvage effort required removal of most of the fuel oil and about 9,000 metric tons of the granular cement cargo. No pollution was reported. The investigation into the casualty continues. Source: HK Law