News & Announcements

Tsavliris Group received a special award from the Hellenic Institute of Marine Technology (ELINT) for its contribution to shipping and the cultural wellbeing of Piraeus. On 18 December 2005, at the Ledra Marriott Hotel, Athens, ELINT President, Byron Tomazos noted that as a salvor over the past 30 years, Tsavliris has undertaken over 2,000 salvage operations, some of them among the world's best known. Nicolas A. Tsavliris, accepting the award on behalf of the group, commented on the long service of people working with the group and noted the dangers associated with salvage.

Ten Lloyd's Open Form contracts in the last quarter of the year ensured that the TSAVLIRIS SALVAGE GROUP once again was the largest LOF contractor worldwide in 2005.

As previously reported, TSAVLIRIS had been contracted by the owners and their P&I Club to remove the cargo of logs on deck from the bulk carrier "KIPEROUSA", which had grounded off East London in South Africa on 7th June. TSAVLIRIS had originally been engaged under the terms of LOF 2000 incorporating SCOPIC and were carrying out salvage services under the SCOPIC Clause.

After a busy start to 2005, the TSAVLIRIS SALVAGE GROUP has continued to be highly active in the last two months with a series of further significant LOF salvage operations.

After a busy winter period, the international TSAVLIRIS SALVAGE GROUP has again been active in recent weeks, with a number of notable salvage cases spanning the Aegean Sea, the Atlantic and Indian Oceans, as well as the Far East.

Three active months for the TSAVLIRIS SALVAGE GROUP began just before Christmas with commencement of a major project to salvage a frigate after it stranded on a reef 80 miles north of Jeddah.