Amadeo 1 - mitigating the costs of wreck removal

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In this IIL marine & energy lecture Sam Kendall-Marsden talked about how the costs of wreck removal need not be exorbitant and how underwriters can control costs.

Sam provided a summary of the Amadeo 1 casualty. He covered the initial response, planning proposals, advisors and the tender decision. He also looked at some of the technical, commercial and contractual considerations involved. In conclusion he explained how all of these factors illustrated how costs can be controlled through effective casualty management.

By the end of this lecture members would have gained an insight into:

• The management of a major casualty from an underwriter’s perspective

• How costs can be controlled through effective casualty management

• Broader themes of liaison and interaction with states in an attempt to promote effective casualty response

Speakers bio:
Sam is Head of Division, UK & Americas, The Standard Club, with responsibility for members based in the UK, US, Canada and South America. Sam practised as a solicitor in England and Australia for over ten years prior to joining the club in 2008 and specialises in major casualty response, personal injury and maritime security issues.

Sam represents the Club on the International Group’s salvage, maritime security and Federal Maritime Commission subcommittees and large casualty and piracy working groups.

Sam has been responsible for The Standard Club’s responses to the MSC Chitra, MV Rena and, most recently, Costa Concordia and Amadeo 1 casualties.

Chair: Tim Fuller, Chief Operating Officer, Tindall Riley (Britannia).

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