By James Herbert


Professional salvors keep marine trade flowing


James Herbert is Secretary General of the International Salvage Union, the organisation serving as the global voice of the marine salvage industry with a membership of some 55 marine salvage companies from more than 30 countries.


The drive for transparency should be at the heart of all industry. Ensuring that stakeholders know about, and understand, your work and views builds trust and confidence. But it can be argued that the shipping industry - so vital for world trade, but less visible to the wider public - has not had to attend to transparency to the same degree as, for example, the energy industry. To meet its commitment to openness, the International Salvage Union (ISU, the global trade association representing the interests of professional salvors, publishes an Annual Review describing its activities and reporting on the performance of the salvage industry.


92 | ISSUE 110 | DEC 2024 | THE REPORT


The spotlight of public scrutiny now shines on shipping more and more. But it is only in the last few years that the letters “ESG” have become mainstream for shipping and owners and managers have started to publish reports. Much of the focus relates to requirements for carbon emissions reduction in motive power. But the traditional concern in the operation of maritime trade has been pollution and potential damage to the marine environment following vessel casualty and that has not gone away.


The reduction in incidents involving oil spills is well documented and it is indeed rare to see major disasters. But the threat remains and has shifted to other trades including containerships


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