Salvage Industry Saw Revenue Plummet in 2022 Amid COVID-19 Challenges
The International Salvage Union (ISU) has reported a sharp decline in revenue for international salvage companies in 2022, as the full impact of the COVID-19
The International Salvage Union (ISU) has reported a sharp decline in revenue for international salvage companies in 2022, as the full impact of the COVID-19
The operation to raise both sections of the OS 35 shipwreck out of the water off Gibraltar was successfully completed this week, with the two sections of the
(Bloomberg) — An operation is finally underway to transfer the oil from a stricken tanker off the coast of Yemen that maritime salvage experts have
KUALA LUMPUR, May 29 (Reuters) – Malaysia’s maritime authorities on Monday said cannon shells believed to be from World War Two
SMIT Salvage, a subsidiary of Dutch maritime services company Boskalis, has signed an agreement with the United Nations Development Programme (UNDP) to remove
The Captain of the Port in Gibraltar has received a report about the damage to the OS 35 shipwreck caused by recent storms. The damage to the accommodation
The operation to remove the wreckage of the OS 35 bulk carrier from Gibraltar waters is set to kick off with the arrival of equipment from South America.
The Liberian-flagged containership HSL Nike has been towed to safety after losing power in the English Channel. French authorities report the ship was en route
By Vel Moonien in Mauritius (gCaptain) – Tresta Star won’t be removed off the coast of Réunion Island. Due to the fact that the wreck removal will be
By Chen Lin and Isabel Kua (Reuters) – The United States has allowed some transactions to take place with a sanctioned oil supertanker in effort to free
The U.S. Navy has awarded Austal USA with a $156 million contract to construct two additional steel-hulled Navajo-class Towing, Salvage, and Rescue Ships
International salvors saw a modest recovery in gross revenues in 2021 despite challenging economic conditions and issues related to the COVID-19 pandemic, the
by John Kornad (gCaptain) After weeks of heavy salvage work in the Chesapeake Bay, the massive continership Ever Forward is free and underway. The
by Yimou Lee (Reuters) China closed off a part of the South China Sea close to Vietnam this month in its hunt for a crashed aircraft, Taiwan’s
The United States Navy has recovered a state-of-the-art F-35C Lightning that fell into the South China Sea after a landing mishap in January. The aircraft was
By Monica Raymunt (Bloomberg) The cargo ship that caught fire in the Atlantic while transporting roughly 4,000 Volkswagen AG vehicles to the U.S. has sunk
Two large salvage tugs are expected to arrive at the Felicity Ace car carrier which remains adrift after a fire in the Atlantic Ocean. An update from the
A car carrier is abandoned and on fire in the North Atlantic near the Azores. All 22 crew members of the M/V Felicity Ace abandoned ship safely and were
Resolve Marine, a global leader in specialized marine, emergency response, salvage, wreck and recovery services, today announced that Phase 3 exploration and
Investigators are set to begin the recovery operation for the wreckage of a Boeing 737 cargo jet that ditched into the waters off the Hawaiian island of Oahu
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