According to official sources, a guarantee presented two weeks ago to the Port Authority of Las Palmas, to finalise the procedures prior to the removal of the Telamon, the shipwreck situated on a small beach at Los Mármole has serious defects that must be corrected. The company Recuperadora Lanzarote has been told that they must process a new €50,000 guarantee.
If this is not done, the Port Authority Las Palmas will not be able to grant certification for the dismantling of the ship.
There are no deadlines although it is expected that the processing of the new guarantee, necessary to cover possible incidents during the dismantling of the vessel will take shape in early 2018. Otherwise, the company would be at risk of seeing the project which it has been processing for more than three years expire.
It is expected that the scrapping work will not be possible in the first quarter of 2018.
The Telamon, a general cargo ship launched in Scotland in 1957, suffered an accident on October 31st, 1981, with 29 crew members on board all of whom were rescued.
The ship ,carrying a cargo of valuable wood from the Ivory Coast to europe , sank off the coast of Lanzarote about a mile northeast of the port, Arrecife.
The Telamon sprang a leak and could not be refloated on the open sea. By order of the Harbour Master of Arrecife it was towed by a tuna vessel to todays position ,now broken in two,rusty and abandoned.