Page 12: of Marine Technology Magazine (May 2013)

With the monsoon set to hit the Indian coast there is much expectations on the salvaging and wreck removal front most of which is likely to be highlighted dur- ing the coming conference on salvaging scheduled to take place. In recent years, there have been a number of high pro- Þ le salvaging and wrecks removals on the Indian coast, particularly in Mumbai port. The MSC Chitra, which collided with MV Khalijia and the naval vessel INS Vindhyagiri that caught Þ re when it collided with a merchant vessel near the Mumbai harbor are just two in the series. There have been quite a few other in- cidents of old vessels of more than 25 years getting grounded especially on the West coast. Creating public awareness of the continued dangers of shipping even in this day and age of advanced technology and engineering has become an issue of paramount importance. Such cases highlight the issue of growing concern to marine insurers, shipowners and the wider marine industry. Manag- ing the wreck removal operations for these cases costs large sums of money. Prior to the onset of each monsoon in these past few years has seen lead- ing global players in the salvage sec- tor getting set to grab opportunities coming their way. They keep a watch- ful eye on the coast for any incidents which could translate into salvage busi- ness. In this regard, Hinode Events and Services Pvt Ltd., is providing a decisive platform which will bring together a sig-niÞ cantly large number stakeholders. They had organized the Þ rst conference in India on Salvage and Wreck Removal last year, which saw a good turnout. The second edition of this conference was to be held on May 7, 2013. The or- ganizers say the registration is beyond expectations and as a result of the large number of participants already regis- tered they have had to switch over to a bigger venue in the same hotel to ac- commodate the large number. The reason is that some of the worldÕs best known companies in the Þ eld of marine emergency response, marine sal- vage and wreck removal have accepted invitation to participate. Besides, there being only a month left before the mon- e Salvage Bonanza Salvage May 2013MTR #4 (1-17).indd 12MTR #4 (1-17).indd 125/6/2013 9:56:04 AM5/6/2013 9:56:04 AM