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4MNAugust 2011POSTMASTER Time Value Expedite MarineNewsISSN#1087-3864is published monthly, 12 times a year by Maritime Activity Reports, Inc., 118 East 25th Street, New York, N. Y. 10160-1062. The publisher assumes no responsibility for any misprints or claims and actions taken by advertisers. The publisher reserves the right to refuse any advertising. Contents of this publication either in whole or in part may not be reproduced without the express permission of the publisher. POSTMASTER: Send address changes to MarineNews,118 East 25th Street, New York, N.Y. 10160-1062. MarineNewsis published monthly by Maritime Activity Reports Inc. Periodicals Postage paid at New York, NY and additional mailing offices. ISSN#1087-3864 USPS#013-952Florida:215 NW 3rd St., Boynton Beach, FL 33435tel: (561) 732-4368; fax: (561) 732-6984New York: 118 E. 25th St., New York, NY 10010 tel: (212) 477-6700; fax: (212) 254-6271www.marinelink.com TO SUBSCRIBE:Subscriptions to Marine News(12 issues per year) for one year are available for $49.00; Two years (24 issues) for $64.00. Send your check payable to: MarineNews, 118 E. 25th St., New York, NY 10010. For more information call Rhoda Morgan at: (212) 477-6700; fax: (212) 254-6271; morgan@marinelink.comPUBLISHERJohn C. OMalley ? jomalley@marinelink.comAssociate Publisher & Editorial DirectorGreg Trauthwein ? trauthwein@marinelink.comEditorJoseph Keefe ? keefe@marinelink.comTel: 704-661-8475 Contributing WritersSusan Buchanan ? Lawrence R. DeMarcay, III ? Frederick B. Goldsmith Randy ONeill ? Jim Shirley PRODUCTIONProduction ManagerIrina Tabakina ? tabakina@marinelink.comSALESVice President, Sales & MarketingRob Howard ? howard@marinelink.comSales Administration & Office Manager Rhoda Morgan ? morgan@marinelink.comSales & Event CoordinatorMichelle Howard ? mhoward@marinelink.comClassified Sales ManagerDale Barnett ? barnett@marinelink.comtel: 212-477-6700Advertising Sales ManagersNational Sales ManagerJack Bond ? bond@marinelink.comTel: 561-732-1659 Fax: 561-732-8063 Lucia Annunziata ? annunziata@marinelink.com Terry Breese ? breese@marinelink.comTel: 212-477-6700 Fax: 212-254-6271Tel: 561-732-1185 Fax: 561-732-8414 Mike Kozlowski ? kozlowski@marinelink.comDawn Trauthwein ? dtrauthwein@marinelink.comTel: 561-733-2477 Fax: 561-732-9670Tel: 631-472-2715 Fax: 631-868-3575 Managing Director, Intl. Sales Paul Barrett ? ieaco@aol.comTel: +44 1268 711560 Fax: +44 1268 711567 Uwe Riemeyer ? riemeyer@intermediapartners.deTel: +49 202 27169 0 Fax: +49 202 27169 20 CORPORATE STAFFManager, Accounting Services Rhoda Morgan ? morgan@marinelink.comManager, Public Relations Mark OMalley ? momalley@marinelink.comManager, Marketing Jocelyn Redfern ? jredfern@marinelink.comManager, Info Tech Services Vladimir Bibik ?bibik@marinelink.comCIRCULATIONCirculation ManagerKathleen Hickey ? mncirc@marinelink.com MarineNewsSalvage16Protecting Underwater Cultural HeritageSalvage and recovery, whether of modern vessels and cargoes or of treasure from ancient shipwrecks, must always be performed with due care exercised to protect values. Legal18Implementing a Salvage PlanOutlining the Key to Avoiding Salvor Exposure. By Lawrence Demarcay, III 6Editors note 22AWO: Urgent Need for Uniform Federal Vessel Discharges Regulations 34Vessels 36People & Company News 40Products 43Classifieds 48Ad Index Photo Courtesy T&T Bisso On the Cover24More than 8,500 wrecks litter the bottom of the worlds oceans, containing as much as 15 mil-lion tonnes of hazardous materi- als. The worlds salvors may have no higher calling ? but, whowill pay and which wrecks should be salvaged first? Pictured: T&T Bisso and Edison Chouest teamed to refloat a stranded container- ship near Rio de Janeiro.