Salvage News

Debris Leaks Out as Salvagers Saw Up Ship On Georgia Coast

BRUNSWICK, Ga. — Debris is washing up from a cargo ship stranded on the Georgia coast as a salvage team cuts it into chunks. The leaks are not unexpected as salvagers demolish the Golden Ray, a South Korean ship that …

Owner of Fire-Stricken Ship to Pay $1.8M for Sri Lankan Help

COLOMBO, Sri Lanka — The owner of a large oil tanker that caught fire off Sri Lanka’s coast has agreed to pay $1.8 million to the island nation for its help in extinguishing the blaze, an official sad Thursday. MV …

Judge Won’t Halt Salvage of Capsized Ship on Georgia Coast

SAVANNAH, Ga. — A federal judge ruled she will not halt removal of a capsized cargo ship along the Georgia coast while a salvage company that lost the job to a competitor sues the U.S. Coast Guard. The decision by …

Cleanup Resumes in Bahamas as Humberto Swirls Away

MCLEAN’S TOWN, Bahamas — Jeffrey Roberts lifted a mustard-yellow curtain from the ground to hunt for passports and other documents at the place where his family’s home stood before Hurricane Dorian blasted into Grand Bahama Island. What was underneath was …

Why Contents Restoration Deserves a Second Look

Storms, floods, fires and other natural disasters caused an enormous amount of damage in 2017. Beyond the usual house fires and basement flooding, the U.S. suffered from an unprecedented number of weather and climate disasters. In fact, according to the …

Alaska Oil Rig Reaches Safe Harbor After Week on Rocks

A Shell oil drilling rig that ran aground last week reached a safe harbor on Monday, where it will be examined to assess its seaworthiness after a week on the rocks near an Alaskan island. Stormy weather had wrestled the …

Critics Say Grounding Shows Arctic Drilling Danger

The grounding of a petroleum drilling ship on a remote Alaska island has refueled the debate over oil exploration in the U.S. Arctic Ocean, where critics for years have said the conditions are too harsh and the stakes too high …

Long Island Official Wants Sandy-Damaged Cars Junked

A Long Island, N.Y., town official is calling for vehicles damaged in Superstorm Sandy to be scrapped for salvage so they can’t be resold. Smithtown Councilman Thomas McCarthy tells Newsday he fears the vehicles, many corroded by saltwater, may wind …

Auto Storage Yard Fire Flares Again in Nevada

Henderson firefighters are again dousing an auto yard fire in an industrial area near the U.S. 95 freeway. Fire officials say the blaze flared up Wednesday morning, hours after firefighters were summoned a little after 7 p.m. Tuesday. A passer-by …

From Trash to Treasure: Salvor Can Help to Manage Losses

When crises occur, one person the claims adjuster, insurer and insured should consider calling is a salvor — he or she can be a valuable partner in helping to clean up the trash, and broker the sale of any salvageable …