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Maritime Risk International

The current state of the marine salvage industry

Charo Coll, of the International Salvage Union, analyses the latest salvage statistics

The latest statistics produced by the International Salvage Union (ISU) show that gross revenue for ISU members in 2017 from all activities was US$456 million. It compares with $380 million in 2016, and so is a 20 per cent increase, but still far from the $717 million generated in 2015.

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