Yacht salvage is a complex field that intertwines legal, environmental, and practical challenges. The subject was a topic for an episode in our first season of The Yacht Law Podcast. Not surprisingly, that episode led to more in-depth questions–as did the subsequent sinking of the superyacht Bayesian. Therefore, in this episode, we explore notable recovery incidents, including that of the Bayesian. More so, we reveal the layers of responsibility and coordination crucial for effective yacht salvage operations with the legendary salvor Nick Sloane.
A former president of the International Salvage Union, Sloane learned lessons quickly during his first major operation on a Spanish tanker in 1983. He gained further expertise thanks to the staggering complexities of one of the most high-profile cases in modern times, specifically the Costa Concordia salvage. Ever wondered what it takes to tackle marine emergencies and avert disaster in trying to raise a yacht or other vessel? You’re about to find out. Nick shares extraordinary stories and profound insights that reveal the layers of responsibility, coordination, and quick decision-making.
This episode explores the procedural and legal intricacies that make or break a yacht salvage operation. For example, in one riveting case, quick action saved a sunken yacht. Overall, multiple challenges impact lifting these vessels from the depths. Learn about how mitigating environmental damage became significantly more important following yet another high-profile salvage. Additionally, you’ll hear straight from Sloane why mastering buoyancy and preserving structural integrity, all the while monitoring weather windows, is just as crucial.
Have a yacht law question? Email it to info@megayachtnews.com or michael@moore-and-co.com for your chance to have it answered on our podcast. All requests for confidentiality and/or anonymity are respected.
In the meantime, don’t miss an episode of the Yacht Law Podcast. It’s available for subscription, for free, on Apple Podcasts, Audible, Spotify, TuneIn, and other leading services. Use the link below to find your preferred streaming service.
The Yacht Law Podcast theyachtlawpodcast.buzzsprout.com
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