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Worldwide, financial and legal problems are common reasons for owners abandoning ships.
The Sao Luiz is one of dozens of ships left to rust on the iconic but heavily polluted bay, once home to vast mangroves and thriving marine life.
Besides the ships' effect on marine life and passing vessels, which must navigate an obstacle course of half-floating hulks, pollution in the bay imposes a financial cost of some tens of billions of reais a year with its pollution, Ricardo estimated.