The salvage of Rena, which ran aground on a reef off Tauranga, New Zealand, in 2011, has cost NZD500 million (USD317.2 million). This makes the container vessel the second most expensive shipwreck in history after the USD1 billion Costa Concordia salvage operation, owner Daina Shipping Co testified at hearings in Tauranga. After four years of salvage operations, Daina Shipping has applied to the Bay of Plenty Council to leave the remains of the 47,000-tonne vessel on the Otaiti (Astrolabe) Reef.
Sky News Australia
The cost to remove the wreck of the Rena is second only to the cruise ship Costa Concordiain the Mediterranean, which is the most expensive in the world, says salvor Francis Leckey. It could be at least another 12 to 18 months before salvage operations are completed and the wreck of the Rena is removed. The Rena, a Liberian-flagged, Greece-owned container ship ran aground on the Astrolabe Reef off New Zealand’s Tauranga coast on October 5 last year.
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