Modules

Introduction To The Salvage Industry

• An overview of world trade
• An overview of world casualty statistics
• The International Salvage Union
• The main international salvors (Smit, Svitzer, Titan, Resolve, Tsavliris)
• Salvage and wreck removal
• Other organisations involved in salvage

History Of Salvage And Notable Salvage Operations

• Historical overview of the development of salvage
• Notable historical salvage operations (Scapa Flow, Pearl Harbour, Vasa, Mary Rose, K-129)
• Kursk
• HMS Nottingham
• Amoco Cadiz
• Herald of Free Enterprise
• European Gateway
• Exxon Valdez
• Venpet/Venoil
• Nowegion Dream
• Agean Captain
• Napoil
• Others of particular note

Basics Of Salvage

• Salvage principles
• Rescue towage
• Towage or salvage
• Crisis management
• Use of Lloyd’s Open Form
• SCOPIC
• Role of the salvage master
• Role of the SCR
• Ship and cargo (general average)
• Place of safety
• Redelivery to the owner

The Law Of Salvage

• Common law of salvage
• Admiralty law of salvage
• The law behind Lloyd’s Open Form
• Alternative salvage agreements
• Towage contracts
• Arrest and security
• Guarantees
• Litigation and arbitration
• Reasonable expenses and deductions
• The salvage award
• Salvors liabilities

Salvage Operations – ONE

• Collisions
• Wreck removal
• Grounding
• Fire
• Oil pollution

Salvage Operations – TWO

• Mega casualties and the future
• Mega bulk carriers
• Mega container ships
• Mega cruise liners

The Coastal State And The Salvor

• Intervention convention
• EU ship source legislation
• UK SOSREP
• Places of refuge
• PR & communications

Lloyd’s Open Form

• Review of the world’s leading salvage contract
• History of Lloyd’s Open Form
• Development of the agreement
• Significant changes to content and operation of the agreement

Alternative Salvage Agreements

• Japanese form of salvage agreement
• The Turkish salvage agreement
• The Bejing form
• The Russian Federation standard form of salvage contract
• The Hamburg form
• Alternative agreements – towcon and towhire
• BIMCO specialist agreements

Salvage From The Shipowner’s And Master’s Perspective

• Associated contracts, e.g. letters of indemnity, general average bonds, equipment supply
• Managing contracts to advantage – a guide
• Self-help
• The effect of salvage on the owner’s other relationships and business
• Related risks, liabilities and insurance