Metals and Mining
Ships Tossed Ashore By Tsunami Get Rescued
MALCOLM FOSTER
KESENNUMA, Japan (AP) — More than a dozen ships heaved inland by Japan's tsunami in March sit with red bellies and propellers exposed among the demolished houses of this once-bustling fishing town, a jarring daily reminder of the ocean's awesome power. The enormous task and cost of moving these out-of-place vessels — and the debris around them — has kept them stranded in Kesennuma for over three months. Many have been propped up with metal beams so they won't topple over. Determined to recover, the town has now begun the Herculean job of returning some of the beached ships to the sea. Several ship owners banded together to jointly negotiate a cost with a logistics company to move five of the vessels in a deal that insurers have agreed to cover. Even after the group rate, the amount per ship is more than $1 million. But putting these vessel back into action is crucial to restarting Kesennuma's fish markets and restoring the community's economy and confidence. "This is a fishing town, so if the ships get moving and start catching fish again, we're hopeful that might lead to things picking up here," said Keiko Onodera, 67, whose hillside house overlooking the port survived tsunami waters that reached her front steps. All told, authorities estimate that the tsunami swept 17 ships weighing over 20 tons and another 1,000 smaller fishing boats onto land around town. Some of the bigger ships farther from the port will be cut into scrap metal, but vessels closer to the water and with modest damage are being rescued. This week, two towering cranes hoisted the 400-ton Akane Maru No. 1, a deep-sea salmon and saury fishing boat, about 10 meters (30 feet) off the ground from where it had been tossed by the wave 100 meters (yards) from the water.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
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SPDR Gold
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