Is the Lloyd’s Open Form salvage contract dying?

There is an industry debate discussing emergency casualty response and the decline in LOF contracts. Gard, as a ...

Weather Hampers Sewol Salvage, Ops to Resume Next Week

The salvage teams are scheduled to continue their operations on the sunken Sewol ferry off South Korea’s southern coast next week, Channel News Asia cited the South Korea’s Ministry of Oceans and Fisheries (MOF).

Siteam Anja’s Lightering Operation Starts

After two attempts to reach the stricken oil tanker Siteam Anja failed due to inclement weather, a smaller tanker has managed to reach the vessel and launch the lightering operation.

Salvage's bad reputation must be addressed, says new ISU president

The salvage industry’s problematic reputation is “damaging the industry as a whole” and must be addressed, according to John Witte, the new president of the International Salvage Union (ISU). ...

Chinese-led consortium picked for Sewol salvage

A Chinese-led consortium has emerged as the preferred bidder to undertake the difficult task of hoisting the South Korean passenger ferry Sewol, which sank last year April with the loss of more than 300 lives, most of them school children. ...