The owners of the ship that grounded at Astrolabe Reef just over five years ago have released a statement arguing for the Rena wreck to remain where it is.
The comments come as an Environment Court hearing begins today to hear the views of groups that have appealed the decision for the wreck to remain on the reef, located 12 nautical miles from Tauranga and about 4 nautical miles north of Motiti Island.
Motiti Island residents (Ngai Te Hapu) and Papamoa hapu Nga Potiki are among those appealing. Te Runanga O Ngati Whakaue ki Maketu and Te Arawa Takutai Moana Kaumatua Forum have joined Nga Potiki's appeal.
In a written statement, Captain John Owen of The Swedish Club said on behalf of Rena's owners and insurers it was time to reach a conclusion to the substantial effort involving many parties to reach an outcome to the grounding of the MV Rena.