Five salvage companies have bid for the wreck-removal contract to dismantle the remaining stern section of the 203,000-dwt bulker Wakashio (built 2007).

The tender has now closed and a short list is expected to be drawn up by the end of the week.

A strong favourite for the job to remove the stern of the Wakashio, which ran aground and broke in two off the coast of Mauritius, is likely to be a joint bid from Netherlands-based Smit Salvage and Japan’s Nippon Salvage.