Once the old swivel was out of the way I could start to work on the seized anchor shackle. I probably should have used a Dremel 1-1/4-Inch Reinforced Cut-Off Wheel but, even the Dremel 420 Heavy Duty Cut-Off Wheels I used did the job. Though I did have one or two disks break in the process. They still cut through the swivel and shackel quite easily despite not being reinforced. I was impressed.
After removing the swivel I tackled the stuck shackle pin. Rather try and cut through the crown which would have required two cuts to remove the shackle. I decided to see if I could just cut through the one lug of the shackle where the pin screwed into. Perhaps just cutting away enough of the lug would allow the pin to be removed:
I was careful not to cut into the anchor shank. After a few partial cuts of the shackle lug I was able to easily unscrew the shackle pin:
Which still looked pretty good but, the corrosion that held it in place was pretty tenacious so it needed to be replaced along with the swivel. I used some Tef-Gel on the replacement shackle threads to help insure that I will not have to cut the shackle next time I have to remove it:
With the old swivel and anchor shackle replaced I could now sleep easier when BIANKA is at anchor: