Salvage

Capsized car carrier to be disassembled

The capsized car carrier Golden Ray will not be righted and refloated in a fully intact condition. Salvage experts engaged in the response have determined that this cannot be done safely. Consequently,

Response to capsized car carrier continues

Salvage workers are continuing to lighter the car carrier Golden Ray, the vessel that capsized Sunday, September 8, in St. Simons Sound, Brunswick, Georgia. The capsize was followed by a dramatic rescue of

Aurelius Finance backs Ardent buyout

Aurelius Finance Company is providing finance to support the buyout of Ardent, the company formed in 2015 by the merger of Crowley’s Titan Salvage with Svitzer Salvage. The deal will see Ardent’s