TSAVLIRIS SALVAGE GROUP - News & Announcements

Conference on Salvage & ISM in Moscow - 2008 May 23

TSAVLIRIS SALVAGE GROUP participated in the first Conference on Salvage and ISM Code held in Moscow 15th - 16th of May, 2008 hosted by RESO Garantia, one of the leading marine underwriters in Russia. This function was considered an ideal opportunity for TSAVLIRIS to address the Russian Insurance and Shipping Community. Delegates included Captain Vladimir Gudko from South River Shipping, Victor Pomelov from FESCO and Igor Pankov, Deputy General Director of Sovcomflot. During the conference various aspects of the salvage industry were identified and discussed in a dynamic dialogue.

Alexander G. Tsavliris of Tsavliris Salvage and Janna Kochkina, recently appointed Director of TSAVLIRIS RUSS, made speeches, highlighting the most difficult issues of salvage to the Russian shipping and insurance community. Jim Allsworth from C Solutions of London made an excellent presentation on understanding both the LOF and SCOPIC, as an independent salvage expert.

TSAVLIRIS developed strong relations with Russia and Ukraine for the past 15 years, having chartered 4 salvage tugs during this period. In addition, TSAVLIRIS has been providing salvage services to ex-Soviet shipowners and underwriters on a regular basis, from the likes of Sovcomflot and Ingosstrakh to medium and small companies. Alexander Tsavliris says: "TSAVLIRIS recognise the fast expanding Russian merchant fleet and marine insurance world and we wish to further strengthen our involvement and our long term commitment to this very important market. Janna Kochkina says: I am enthused at being involved with such a prestigious company in this vital first-aid service to shipping. I am committed to assisting those both in shipping and insurance here in Russia and the FSU as well as educating them on the benefits and full support we at TSAVLIRIS can offer. I further believe, the importance of being able to explain the benefits of the Lloyd's Open Form and No Cure No Pay.

Ivan Chistyakov, General Director of the Shipping Company Sakhalinmortrans says: "It was extremely useful, because when our ships are in distress we and our underwriters are often not really prepared to deal with such casualties. We have learnt a lot at the Conference and feel more comfortable knowing TSAVLIRIS personally now and that a professional salvor is represented on our door-step in Russia. It was the right decision".

Alex Timofeev, Deputy General Director of RESO Garantia insurance company, says: "It is first time one of the worlds leading professional salvors has made the effort to come and present to the underwriters and shipping community in Russia. It means TSAVLIRIS cares about our market, they are willing to help and we and our clients - shipowners feel more prepared for casualties, knowing now what the LOF, No Cure – No Pay, SCOPIC etc. actually are. The experience gained from discussions in Moscow is invaluable. We would like to continue this tradition."