Resolve Marine Group Foregoes Retainer Fees

Tuesday, October 05, 2010

Resolve Marine Group, the marine salvage and firefighting company, announced that they will forego charging their OPA-90 clients retainer fees through 2011.  While other salvage and marine firefighting companies have announced per vessel fees of $250 or $500 per year, Resolve guarantees their policy of “no retainer or administrative fees through 2011”.

Captain Farhat Imam, Chief Operating Officer at Resolve said, “We expect the OPA-90 response business sector to stabilize before we make any decision regarding 2012 fees.  Resolve assures the industry that any retainers the company may charge in 2012 through 2015 will be extremely competitive, and never the highest.” 

The USCG OPA-90 regulations finalized requirements for salvage and marine fighting response (SMFF) on December 31, 2008.  February 22, 2011 is the deadline for most Vessel Response Plans to include a SMFF section with a named and contracted primary responder.  The USCG issued further guidance on this implementation September 27th with NVIC 2-10.  Resolve completed a thorough review of NVIC 2-10 and adapted their response posture to better serve any plan holders contracting with Resolve.

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