You are here

STRAIT TALK

Salvors remain busy but revenues disappoint

The shipping industry still needs a global network of skilled salvage professionals even with fewer mishaps

LAST year, specialist salvage companies, or "salvors", belonging to the International Salvage Union (ISU), carried out 234 operations worldwide, nine less than in 2017. The ISU has just published its annual statistics which show a mixed picture.

ISU members reported gross revenue of US$...

sentifi.com

Market voices on: