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Igara wreck
The Igara is a wreck off the East Coast of Malaysia that sank on 12 March 1973.() At the time of her sinking the Igara was the largest ever single marine insurance loss in maritime history. Valued at over US$25 million she was loaded with 127,718 tonnes of Brazilian Iron Ore. The Igara was an Italian ore/oil steamship of . It was on voyage from Vitoria to Muroran when after passing through the Sunda Strait, she struck an uncharted rock in the South China sea about from Horsborough Lighthouse, off Mendarik Island, on 11 March 1973. However she did not sink immediately but continued her voyage until her bow settled submerged and resting on the sea bottom in approx 40 metres of water about from Singapore. She settled with her entire stern section sticking out of the water. The following day 27 of the 38 man crew abandoned ship being picked up in their lifeboats by passing vessels. The master and 10 crew stayed on board until 19 March when she began to break across hold no.1. Salvors used explosives to cut through the ship at hold no. 1 and the entire rear section of the ship was towed to Japan where a new forward section was attached and she was renamed the Eraclide. ()
== Subsequent salvage ==
ICRL (International Cargo Recoveries Limited), a BVI-based salvage management company, recognized the value of remaining iron ore cargo, contacted the insurers and acquired the legal rights to the ore and the salvage rights to the hull. In 2005/2006 ICRL contracted Deep Water Recoveries (S) Pte Ltd (“DWR”) to recover the ore. DWR recovered all the ore accessible to big grabs (60,000mt) and the operation grossed US$2.5m. ()
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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