International Salvage Union

23/12/2022

Q4 newsletter, Salvage World out now. Lots of stories of ISU members' operations around the world
https://www.marine-salvage.com/

08/04/2022

New edition of Salvage World out now - read about ISU members preventing more than 2 million tonnes of potential pollution last year

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02/03/2022

The ISU has considered the membership of the association of its Russian member, MRS/MORSPAS, in the context of Russia’s invasion of Ukraine and has suspended that membership with immediate effect. ISU has taken account of the relationship of MRS to the Russian state; international condemnation of Russia’s actions and the strong sanctions against Russian interests by many countries. ISU hopes that hostilities will cease as soon as possible, and that peace will return to the region.

23/12/2021

Newsletter Salvage World out now. Pics and stories about the salvage industry and operations to protect the marine environment

https://www.marine-salvage.com/salvage-world/

06/12/2021

ISU has a new president, Captain Nicholas Sloane, FNI, of Resolve Marine - see the news release

https://www.marine-salvage.com/new-president-for-international-salvage-union-2/

08/10/2021

Read the latest operational and corporate news form the ISU and its members - Salvage World out today!

https://www.marine-salvage.com/salvage-world/

09/07/2021

ISU publishes 2020 Annual Review. Read the President's intro, secretariat reports and statistics...https://www.marine-salvage.com/isu-documents/

09/07/2021

See the Q2 edition of the ISU newsletter - current salvage issues, ISU members' operational news and pics and more...https://www.marine-salvage.com/salvage-world/

04/06/2021

ISU has published the 2020 salvage industry statistics - significantly weaker revenues and dramatic fall in wreck removal activity and income.

By ISU in Isu News Posted June 4, 2021 at 10:00 am 2020 ISU salvage industry statistics show significantly weaker revenues with dramatic fall in wreck removal income and services ISU today published its annual statistics for 2020: • Gross revenue for ISU members – US$ 301 million (2019, US$ 482 ...

07/05/2021

ISU has urged Lloyd's to continue to support its Salvage Arbitration Branch (LSAB) and the LOF contract. It follows news that Lloyd's is considering closing the LSAB. ISU fears that such a move would be gravely damaging for the ongoing provision of marine salvage services where there is imminent danger. See the full text of the ISU response on our website.

By ISU in Isu News Posted May 7, 2021 at 9:00 am ISU responds to potential closure of Lloyd’s Salvage Arbitration Branch ISU has submitted its response to Lloyds regarding the possible closure of the Lloyd’s Salvage Arbitration Branch. The following is the full text of the ISU response: Re: Cons...

09/04/2021

Salvors have made the news a lot recently. Read more about the industry and ISU members' contribution to keeping world trade moving and pollution prevention in the latest edition of Salvage World

https://www.marine-salvage.com/salvage-world/

30/03/2021

ISU notes successful operation in the Suez Canal

This week we have again seen the great benefit provided to shipping and the world economy by professional salvors - members of the International Salvage Union - who are in most cases the only agency with the experience, equipment and people to undertake the kind of job successfully completed by ISU members, Smit Salvage and Nippon Salvage, working together with the Suez Canal Authority.

The case of the Ever Given was particularly visible but the 50 members of the ISU have an excellent track record of dealing successfully with incidents involving all classes of vessel in locations around the world in all kinds of conditions. Statistics recently published by ISU show that in 2020 its members provided nearly 200 salvage services.

Keeping world trade moving is a key part of the salvor’s role, ensuring that all kinds of goods are kept safe and delivered to their destination intact and as soon as possible.

By providing their services, the salvors preserve the value of the goods and prevent or reduce potentially huge losses for the ship and cargo owners’ insurers and re-insurers. In the recent Suez Canal case, the operation had far wider benefit by unblocking this vital trade artery for hundreds of other cargo vessels.

Environmental protection may not have been a critical consideration in the Suez Canal but in many cases it is central to the salvage operation and in 2020 ISU members services involved vessels carrying 2.5 million tonnes of potential pollutants.

The current case clearly demonstrates the value provided to world shipping and society in general by the professional marine salvors and how important it is that a viable marine salvage industry and resources are sustained and kept available worldwide.