By NAN Staff Writer, NewsAmericas Now
News Americas, GEORGETOWN, Guyana, Fri. August 7, 2026: Guyana’s Maritime Administration Department is seeking a marine salvage contractor capable of recovering the MV Barima from 13 to 15 meters of water, some 28 nautical miles off the Essequibo coast, while preserving forensic evidence for the international Commission of Inquiry. While no company has publicly confirmed submitting a bid, several established marine salvage operators around the world have exactly the kind of regional and technical experience MARAD’s Expression of Interest is asking for.
Companies with relevant Caribbean and regional experience
Resolve Marine Group, headquartered in Fort Lauderdale, is one of the largest marine salvage operators globally, with roughly $220-260 million in annual revenue and 40 years of heavy-lift salvage and refloating experience. Its proximity to Guyana and extensive Caribbean operating history make it a natural fit for MARAD’s requirements.
Titan Salvage specializes specifically in North Atlantic and Caribbean shallow-water refloating and environmental protection, conditions that closely match the Barima’s location, lying on its side in soft mud in relatively shallow coastal waters.
Ardent has secured an operating license specifically for the Caribbean region, one of the few salvage companies to do so, a credential that could matter given MARAD’s emphasis on companies experienced in Guyanese and wider Caribbean waters.
Svitzer Salvage Americas, a 175-year-old company with its Americas headquarters in Miami, has responded to salvage needs across North America and the Caribbean since 2009.
InterTug, based in Cartagena, Colombia, offers Caribbean-wide towing and salvage services, giving it direct regional and South American proximity to Guyana.
T&T Salvage brings global heavy-lift and large-scale maritime disaster response experience, including work as a contractor for the U.S. Navy’s SUPSALV program, relevant given the scale and forensic sensitivity MARAD is requesting.
What MARAD is actually asking for
Interested companies must submit Expressions of Interest limited to ten pages, detailing their corporate profile, salvage experience over the past five to ten years, technical approach, environmental protection measures, personnel and equipment, project timeline, and insurance and safety arrangements. Contractors must also explain how they will protect and document forensic evidence during the salvage process, and demonstrate the ability to stow the recovered vessel upright on a barge for several weeks.
Submissions are due electronically to MARAD no later than close of business on Friday, August 14, 2026. Shortlisted firms will then be invited to submit detailed technical and financial proposals before a contractor is selected.
NewsAmericasNow will continue tracking the salvage process as the deadline approaches.
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