a vessel sinks
or founders, salvage of the hull must be attended to. In the
case of barges, most sink while laden. Provisions must be
made for removing the cargo prior to salvage. Often, the
exact location of the submerged vessel is not known and the
vessel must be located before any salvage efforts can be
undertaken. Consideration must be given to where the wreck
it in navigable waters?
it in a shipping channel or lane?
markers needed or required?
What hazard does it pose to the environment and/or
What agencies need to be notified?
and where are the best resources to mitigate the
accident and affect the salvage?
& Associates has been
instrumental in managing numerous vessel losses during the
past 25 years. The Company knows the resources and can
answer all the questions arising from such a loss. The
Company can prepare the salvage plans required by the Coast
Guard. Knowledge of the available resources and their
capabilities is essential to a successful salvage at a fair
cost. Knowledge of what works and what doesn't is essential
in selecting a salvor and evaluating his resources. Knowing
the possible impact on the environment and how to prepare
and deal with environmental issues is required to manage a
& Associates, Inc. is the one
number to call when you have a substantial marine loss. Your
underwriter may have already called us, but if that's not
the case, you need someone to represent your interests and
assist with the mitigation. Your underwriter will generally
not provide those services.