Shipowner group opposes change to salvage rules

Regulatory

Thursday, October 11, 2012

The International Chamber of Shipping (ICS), a shipowner group that says it represents over 80 percent of the world's merchant fleet, has reiterated its opposition to proposals from the International Salvage Union (ISU) for a new separate award for environmental salvage in cases where salvors have carried out work when a ship or cargo has presented a threat of damage to the environment. ISU contends that while the International Convention on Salvage of 1989 does take account ...

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