Professional salvors, domestic as well as from abroad, had arrived on the ship to undertake assessment of the damage.
MV Wisdom was being towed from Colombo to Alang in Gujarat where it was to be broken as scrap.
Navy captured 16 Somali pirates and rescued 16 hostages by foiling the attack on a merchant ship.
A merchant ship on Tuesday collided
with an Indian Coast Guard vessel off the Mumbai Coast but no
one was injured.
Fifteen people have been rescued after a boat carrying about 40 people sank off Western Australia, an official said on Monday, adding there were "grave concerns" for the others.
Russia has arrested 8 people who hijacked the merchant ship Arctic Sea, Defense Minister was quoted as saying by Russian news agencies on Tuesday.
Day in Pics: 22nd December
Showbiz World - December 22, 2014
Sunny Leone with Mastizaade