Updated cost estimate

U.S. Pacific Fleet Public Affairs

Sept. 22, 2001

The cost of the Ehime Maru recovery operation has been revised from the original estimate of about $40 million. That figure was estimated prior to the start of the operation, knowing it would be subject to change depending on engineering and environmental factors.

Such factors have included weather delays caused by heavy seas.

Also the engineering challenges of placing the messenger wires and lifting plates under Ehime Maru (from coiled tube drilling to the stern lift method and finally to the bow lift method now being pursued) has resulted in the increased costs of an extended timeline.

The need for additional equipment associated with these methods represents another increased cost.

As of Sept. 21, the operation has cost roughly $60 million. But because we cannot forecast further weather delays or additional technological challenges, we cannot speculate on the final dollar figure associated with this operation at this time. Once the recovery operation is concluded, we will be able to provide overall costs.
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Revised 9/22/01 at 9:40 a.m. (HST)