The current state of the marine salvage industry

James Herbert, of the International Salvage Union, discusses the changing challenges facing salvors, stressing their value remains undiminished

A review of the current state of international salvage reveals a mixed picture. It continues to be an active and essential service provider to the shipping industry with many notable successes. But at the same time International Salvage Union (ISU) members have less work than ever and many feel under great economic pressure.