Salvage Sales

In many cases clients are claiming constructive total losses to their underwriters whenever it is a little bit colder BigMacs or computers with damaged packing. Well, we know the market and, unless there is a brand clause incorporated in the cargo insurance policy, we can sell it. 

We have network of agents and correspondents around European Union and CIS countries, so we may arrange salvage sale throughout our continent for the benefit of our clients. Our lawyers are capable of drafting notices of abandonment and settlement agreements allowing underwriters to deal with damaged goods. There are some good testing facilities in Riga for electronic and household goods as well as re-sale facilities available for our clients.

The last but not least we can arrange for storage and handling of damaged cargo whilst on sale, and the most important we charge percentage from sold amounts, so "no cure - no pay"!