The ISU’s primary role is to represent, promote and safeguard the interests of member salvors in legal, political and commercial arenas.
For these reasons, it is important that the ISU maintains its position as the international focus for all issues concerned with marine salvage.In turn, this depends upon the ISU enjoying the support, by membership, of all companies with a commitment to the business of salvage. Associate Membership applications are welcomed from P&I Clubs, other insurers, law firms, ports, national response organisations, shipowners and managers, coastal local authorities, environmental organisations and others with an interest in salvage, pollution prevention and wreck removal services.Regular features include a review of the pollution prevention services provided by members, together with an overview of notable salvage operations and the presentation of an annual statistical assessment. The ISU represents the vast majority of professional marine salvors.Membership is open to any company actively involved in the business of salvage and with a commitment to this activity.The ISU has been responsible, in co-operation with the European Tugowners’ Association and the International Group of P&I Clubs (and via the good offices of BIMCO), for the introduction of the TOWCON and TOWHIRE standard international towage agreements.
Similar work, carried out in consultation with the International Chamber of Shipping and the International Group of P&I Clubs, led to the publication by BIMCO of the WRECKFIXED, WRECKSTAGE and WRECKCON standard wreck removal agreements and revisions leading to the latest 2010 versions.
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The ISU was a founder member of the Lloyd’s Form Working Party.