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NAICS Code 488330-04 Description (8-Digit)

Salvage-Marine is a subdivision of the NAICS Code 488330 that involves the recovery of ships, boats, and other watercraft that have been damaged or lost at sea. This industry is responsible for rescuing vessels and their cargo, as well as mitigating environmental damage caused by maritime accidents. Salvage-Marine companies are often called upon to respond to emergencies such as shipwrecks, oil spills, and other marine disasters.

Hierarchy Navigation for NAICS Code 488330-04

Tools

Tools commonly used in the Salvage-Marine industry for day-to-day tasks and operations.

  • Diving equipment
  • Salvage pumps
  • Hydraulic cutters
  • Welding equipment
  • Cranes
  • Tugboats
  • Salvage pontoons
  • Air bags
  • Chains and cables
  • Underwater cameras

Industry Examples of Salvage-Marine

Common products and services typical of NAICS Code 488330-04, illustrating the main business activities and contributions to the market.

  • Ship salvage
  • Boat recovery
  • Underwater wreckage removal
  • Oil spill cleanup
  • Marine environmental remediation
  • Salvage diving
  • Marine firefighting
  • Emergency response services
  • Marine accident investigation
  • Salvage engineering

Certifications, Compliance and Licenses for NAICS Code 488330-04 - Salvage-Marine

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • US Coast Guard Merchant Mariner Credential: This credential is required for all mariners working aboard vessels that operate beyond the boundary line. It certifies that the mariner meets the required standards of competency, training, and experience. The US Coast Guard provides this credential.
  • OSHA Hazardous Waste Operations and Emergency Response (HAZWOPER) Certification: This certification is required for workers who are exposed or potentially exposed to hazardous substances. It certifies that the worker has completed the required training to work safely in hazardous environments. The Occupational Safety and Health Administration (OSHA) provides this certification.
  • American Bureau Of Shipping (ABS) Certification: This certification is required for vessels that operate in US waters. It certifies that the vessel meets the required standards of safety, design, and construction. The American Bureau of Shipping provides this certification.
  • International Convention on Salvage (SALVCON): This convention provides a framework for the salvage of vessels and their cargo. It outlines the rights and obligations of salvors and the owners of the vessel and cargo. The International Maritime Organization provides this convention.
  • National Response Framework (NRF) Certification: This certification is required for responders to oil spills and other hazardous material incidents. It certifies that the responder has completed the required training to work safely in these environments. The Federal Emergency Management Agency (FEMA) provides this certification.

History

A concise historical narrative of NAICS Code 488330-04 covering global milestones and recent developments within the United States.

  • The Salvage-Marine industry has a long and rich history dating back to ancient times. The earliest recorded salvage operation was in 264 BC when the Roman Republic raised a sunken warship from the harbor of Syracuse. In the 19th century, the industry saw significant advancements with the introduction of steam-powered vessels and the use of diving bells. The 20th century brought about even more technological advancements, including the use of sonar and remotely operated vehicles (ROVs) for underwater salvage operations. In recent history, the industry has faced challenges such as the Deepwater Horizon oil spill in 2010, which required a massive salvage operation to contain the spill and clean up the affected areas. Despite these challenges, the Salvage-Marine industry has continued to evolve and adapt to new technologies and techniques to provide essential services to the maritime industry. In the United States, the Salvage-Marine industry has a rich history dating back to the 19th century. One notable event was the sinking of the Titanic in 1912, which required a massive salvage operation to recover the wreckage and the bodies of the victims. In the 20th century, the industry saw significant advancements with the introduction of new technologies such as ROVs and the use of explosives for underwater salvage operations. In recent years, the industry has faced challenges such as the Deepwater Horizon oil spill in 2010 and Hurricane Katrina in 2005, which required massive salvage operations to contain the damage and clean up the affected areas. Despite these challenges, the Salvage-Marine industry in the United States has continued to grow and evolve, providing essential services to the maritime industry.

Future Outlook for Salvage-Marine

The anticipated future trajectory of the NAICS 488330-04 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for the Salvage-Marine industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for marine salvage services. The growth of the global shipping industry is also expected to contribute to the growth of the Salvage-Marine industry. The industry is also expected to benefit from the increasing use of technology in marine salvage operations. However, the industry may face challenges such as environmental regulations and the increasing competition from other industries. Overall, the Salvage-Marine industry is expected to experience steady growth in the coming years.

Industry Innovations for NAICS Code 488330-04

Recent groundbreaking advancements and milestones in the Salvage-Marine industry, reflecting notable innovations that have reshaped its landscape.

  • The Use Of Autonomous Underwater Vehicles (Auvs) for Marine Salvage Operations: AUVs are being used to locate and recover sunken vessels and cargo. They are equipped with sensors and cameras that can provide detailed images of the underwater environment.
  • The Development Of New Salvage Techniques: Salvage companies are developing new techniques for recovering sunken vessels and cargo. These techniques include the use of airbags, lifting bags, and hydraulic jacks.
  • The Use Of Drones for Marine Salvage Operations: Drones are being used to survey the underwater environment and locate sunken vessels and cargo. They are equipped with cameras and sensors that can provide detailed images of the underwater environment.
  • The Development Of New Salvage Equipment: Salvage companies are developing new equipment for recovering sunken vessels and cargo. This equipment includes underwater cutting tools, hydraulic pumps, and lifting equipment.
  • The Use Of 3D Printing for Marine Salvage Operations: Salvage companies are using 3D printing technology to create replacement parts for sunken vessels and cargo. This technology allows salvage companies to quickly produce replacement parts on-site, reducing the time and cost of salvage operations.

NAICS Code 488330-04 - Salvage-Marine

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