BOSTON — The Coast Guard is continuing to monitor the condition of the tanker Chem Venus, after it allided with three unoccupied, moored sailboats Wednesday afternoon at the mouth of the Piscataqua River near Portsmouth, New Hampshire and Kittery, Maine. Coast Guard vessel inspectors boarded the vessel and determined the Panamanian flagged, Chem Venus sustained damage to its bow causing the boat to take on water. The rate of flooding was stabilized and is being monitored by the Coast Guard and the crew of the Chem Venus. Despite the damage no pollution has been reported, and the Chem Venus remains safely anchored outside of the Piscataqua River. The vessel was carrying a load of used vegetable oil and a variety of other industrial chemicals. The Coast Guard Salvage Engineering Response Team has been engaged to conduct a vessel stability assessment. In addition, divers are expected to conduct a survey of the damage early Thursday morning. The cause of the allision is under investigation