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ISU publishes 2022 salvage industry statistics continued

Captain Sloane added: “Professional salvors protect the environment, reduce risk and mitigate loss. They also keep trade moving – which is demonstrated so clearly when there are large containership cases. We continue to work closely with key stakeholders to ensure that there is continued global provision of professional salvage services.”

The ISU statistics are collected from all ISU members by a professional third party which aggregates and analyses them. The statistics do not include the revenues of non-ISU members but are the only formal measure of the state of the

ISU secretariat visit to China and Hong Kong

ISU Secretary General, James Herbert, delivered a keynote address at the China International Rescue and Salvage Conference in Wuhan, China (right).

He focussed on the importance of the salvage industry in supporting the ESG agenda. The conference brought together the Chinese salvage community and a number of international participants.

It also provided an opportunity to engage formally with ISU member, China Rescue and Salvage including its director, Mr Wang Lei (right with Mr Herbert) and other senior colleagues, for discussions about the state of the industry in China and Asia and the importance of cooperation.

While in the region, Mr Herbert also took the opportunity to meet representatives of ISU members Hong Kong Towage and Salvage and the Hong Kong Shipowners’ Association and the Hong Federation of Marine Insurance.

The importance of shipping in the region and for the rest of the world is beyond doubt and ensuring there is a good understanding of the value of the professional salvor among insurers and shipowners is key for ISU.

marine salvage industry. The statistics are for income received in the relevant year but that can include revenue relating to services provided in previous years and there can be an element of “time lag”. The statistics are for gross revenues from which all of the salvors’ outgoings and overheads must be met.

The ISU AGM, followed by a gala dinner, will take place on Thursday 12 October at the Conrad Hotel Fort Lauderdale, Florida, USA. There will be an Executive Committee meeting and welcome reception the preceding day, Wednesday 11 October, and there will be visits and other activities on Friday 13 October. Hotel booking information has been circulated to all ISU members. Further details of the associated events will be circulated in the next period.

The annual Marine Insurance Americas conference will be held at the Broward Convention Centre in Fort Lauderdale on 11 October and may also be of interest to ISU members.

If members have questions about the AGM and its arrangements, contact the Secretary General.

Lloyd’s Open Form Fixed Cost Arbitration Procedure (FCAP)

Lloyd’s Arbitrator, Lionel Persey KC, led a group of interested parties - including ISU - in considering ways to refresh the FCAP. The resulting proposal is now under consultation and all ISU members have been asked to submit their views.

The intent is to encourage more use of LOF by making arbitrations more efficient and less costly. It is proposed to significantly increase the “value” of the case at which FCAP can be used, based on the security the contractor is seeking. This would mean that far more cases would automatically be considered suitable for a revised FCAP.

Following consultation it is expected that a formal proposal will be made to the Lloyd’s Salvage Group in November 2023.

Lloyd’s Open Form – collection of “ESG” data

Lloyd’s is also working on a proposal to collect information from each LOF case to be able better to demonstrate publicly how the contract supports the important Environment, Social and Governance Agenda (ESG). It could involve collecting information, for example, about the potential pollutants that were on the casualty, similar to the ISU’s pollution prevention survey.

International Maritime Organisation

The IMO's Marine Environment Protection Committee has recently revised the IMO’s strategy for shipping decarbonization - the reduction of Greenhouse Gasses, or GHG. Preliminary work was done by the Intersessional Working Group on Reducing GHG.

By the end of the week, MEPC 80 had finalised its proposed new strategy to be presented to the full Assembly. The proposal is to acheive net-zero close to

2050; striving for 10% use of zero GHG technologies by 2030; striving for 30% reduction in emissions by 2030 and 80% reduction by 2040.

However emissions need to be considered on a “well-to-wake” basis, which includes the GHGs that come from the production of the fuel as well as the emissions from using the fuels in marine engines.

MEPC 80 also looked into ballast water

China Diving and Salvage Association

A delegation from ISU Affiliate Member, China Diving and Salvage Association visited the ISU in London for informal discussions about salvage and rescue in China.

The Association is celebrating its 15th Anniversary this year and is led by President, Captain Song Jiahui who, as director of China Rescue and Salvage, was a long-term member of the ISU Executive Committee. CDSA has some 900 hundred corporate members and some 2000 individual divers are also members.

Annual Review

The ISU Annual Review 2022 is published this week. It contains a President’s foreword giving a summary of the state of the industry, there are reports from the secretariat and advisers as well as industry and pollution prevention statistics and the association’s accounts are published.

treatment, marine litter and marine noise. Ship-to-ship transfers were in the spotlight as the IMO noted that: “The Committee is expected to discuss a document aiming to raise awareness on the potential environmental risks and the consequences and concerns for the global marine pollution prevention and liability and compensation regimes relating to the increase in ship-to-ship transfers at sea. A draft Assembly resolution is proposed.”

Solis

Solis Marine Group LLP has welcomed Master Mariner, Cate Heil, to its London team. She has more than 35 years of experience in the maritime industry and Solis said she will work in the UK and on international appointments using her experience at sea and ashore, particularly in areas of national and international regulatory systems and standards, to provide expertise concerning all types of marine incidents.

Cate began her maritime career in the UK, working for Lowline and Bluestar gaining experience in the offshore oil and gas sector and reefers and container vessels. This was followed by a long period with P&O Nedlloyd and P&O European Ferries (Portsmouth) Ltd, working on Ro-Pax cruise ferries and High-Speed Craft (HSC) trading both worldwide and in European waters.

She further consolidated her professional experience as a Lecturer in Nautical Studies for the City of Glasgow College - specialising in training officers for cargo operations, structures and maintenance, maritime law and vessel management, and conducting full bridge and navigation simulations.

Cate was also an Examiner of Masters and Mates for the Maritime and Coastguard Agency (MCA) in the UK and Senior Technical Advisor and, subsequently, Maritime Officer at Maritime New Zealand.

On her new role, Cate said: “I am looking forward to expanding my own knowledge and combining all aspects of my career and the work that I have done so far in providing support to Solis Marine's clients”.

Senior Partner, Captain John Simpson commented: “We are delighted to have Cate join the team in London as we continue to grow both our client base and team of experienced master mariners. We look forward to introducing Cate to our clients.”

Brookes Bell

Brookes Bell has appointed Chris Ellyatt as a Managing Scientist. With a degree in biology, Brookes Bell said Chris has developed an extensive career in the forensic investigation of marine cargo related incidents and that he is “one of the most-recognised cargo scientists in the market.” He has a specialty in dry bulk cargo such as grains, oilseeds and animal feed/seedcakes. He has also been

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