Saving lives, ships and cargo.
Protecting the marine environment.
The International Salvage Union (ISU) is the global trade association representing marine salvors. Its members provide essential services to the world’s maritime and insurance communities. Members are engaged in marine casualty response, pollution defence, wreck removal, cargo recovery, towage and related activities. The principles of salvage and salvage law have evolved over many centuries. A fundamental concept is that the salvor should be encouraged by the prospect of an appropriate salvage award to intervene in any casualty situation to salve the ship, property and, in particular, to save life and prevent pollution. The salvor’s right to a reward is based on natural equity, which allows the salvor to participate in the benefit conferred to shipowner, the ship itself and the ship’s cargo.
ISU 2015 statistics
The International Salvage Union (ISU) statistics for 2015 indicate a robust industry continuing to provide vital services in the face of a challenging economic climate for world shipping. Safer ships and better operating … Find out more
Our Quarterly Newsletter
Salvage World contains the operational and corporate news from the ISU, its members and associate members. Dramatic photographs and discussion of current issues affecting the industry. Q1 … Read the newsletter
The Lloyd’s Open Form
Lloyd’s Open Form, the most commonly used salvage contract, has been in use for over 100 years. The International Salvage Union supports and promotes the use of this unique contract.
Visit the LOF Microsite >