Titan Salvage Chief Discusses Arctic Readiness

In an interview from the August 2012 edition of MarineNews, Crowley Maritime Corporation SVP Todd Busch said the company is prepared and already is working in the Russian Arctic region.

Refloating and then salvaging the wreck of the grounded cruise ship Costa Concordia is likely to be one of the most-publicized marine salvage jobs ever, given its location right on the coast of the small Italian island Giglio and the worldwide coverage when it ran aground Jan. 13, 2012, an accident that killed 30 people.

Two salvage companies won the job of removing the ship: Titan Salvage, based in Pompano Beach, Fla., and Micoperi, which is based in Ravenna, Italy. The firms have posted a few news updates about the project, and while the Costa Concordia is not mentioned in it, a newly published interview from the August 2012 edition of MarineNews sheds light on some of the challenges involved in their business.

In the interview, Todd Busch, the Crowley Maritime Corporation senior vice president who oversees Titan Salvage, discusses Titan's business model, the impact of increased competitiveness in the worldwide salvage market, supervision of subcontractor firms, and the company's readiness to respond quickly to a marine casualty event in the Arctic.

Busch is a 24-year Crowley employee who is based at Crowley's headquarters in Jacksonville, Fla., and reports to CEO Tom Crowley.

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