Environmental, Social and Governance

Built on the fundamental values of safeguarding property and the environment, societal inclusion and transparent business practices, Marine Masters is proud to have established Environmental, Social and Governance (ESG) reporting aspects built into our operation strategies.  

Protecting the environment is a core objective for salvors – the primary focus of marine salvage is the safe containment and removal of pollutants from a stricken vessel. As the climate crisis continues, companies are increasingly considering the global impact of their operations. 

Our commitment to minimising carbon emissions means that we do not primarily operate an owned fleet or purchase equipment, but prefer to source local vessels, hardware and materials in the country of operations. This way of working also eliminates the need to move heavy lift assets around the globe in response to an incident – creating further emissions and time delays. Instead we work in an agile manner to deliver innovative project solutions to happy customers.

We are committed to social responsibility and, by partnering with local companies to source equipment and workers, we contribute to the local economies of the countries we work in. This also develops the knowledge and skills of regional partners and local subcontractors – whom we also learn from. 

We support Maritime’s Just Transition principles and promote the development of local communities and economies through fair wages and internationally recognised training that benefits regional workers beyond a single salvage contract.

We are transparent in our dealings with customers, insurers, governments, port authorities, local contractors and other stakeholders and constantly strive to refine our corporate governance structures and procedures. 

Collaboration, open dialogue and commercial integrity are the foundations of our company ethos and have enabled us to build trusted networks and an enviable reputation. 

We are a recognised member of the International Salvage Union (ISU).