A cargo ship which started sinking 10 miles off the Lizard Peninsula has been towed to safety in St Austell Bay.
A salvage operation is set to get underway to help save Barbados registered Sea Breeze which got into difficulty and started taking on water yesterday morning.
Divers will assess the hull of the stricken ship this morning and a temporary magnetic repair patch will be fitted.
A spokesman for Falmouth Coastguard said the vessel was considered to be stable.
He added: “Water is still being pumped out of the back. It’s very much a salvage operation now.”
A meeting between the Maritime and Coastguard Agency, along with the Marine Accident Investigation Branch and other interested parties is due to take place later today to put together a salvage plan.
The 87m long ship was transporting limestone from Liverpool to Shoreham when the engine room became flooded at and malfunctioning pumps failed to clear the rising water.
All six members on board the vessel were rescued by lifeboat crews from the Lizard and Falmouth yesterday.