The American Salvage Association
The American Salvage Association is a non-profit trade association headquartered in Alexandria, Virginia, representing the commercial marine salvage industry across the Americas and Caribbean through tiered membership, networking events, training, and the Soundings quarterly magazine.
- Company typePrivate
- Founded2024
- HeadquartersAlexandria, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What The American Salvage Association does
The American Salvage Association (ASA) is a private, non-profit trade association headquartered in Alexandria, Virginia, that serves as the unifying representative body for the commercial marine salvage industry across North, Central, and South America and the Caribbean. Founded to professionalize U.S. marine salvage and firefighting response, ASA operates as a membership-based community with three paid tiers: General Members ($8,253 annual dues), Corporate Associate Members ($2,940), and Individual Associate Members ($588), alongside Affiliate Members. Its current membership includes approximately 7 General Members, 41 Corporate Associates, 8 Individual Associates, and 4 Affiliate organizations spanning salvage operators, diving companies, towing firms, environmental associations, and international bodies such as the International Salvage Union and C-PORT.
ASA's product portfolio centers on member services rather than technology: networking events, an Annual General Meeting, the quarterly Soundings magazine distributed to 3,000 print and 120,000+ digital subscribers, downloadable standard contract forms (BIMCO, Lloyd's Open Form, SCOPIC, Salvhire, Salvcon), USCG National Strike Force training, the Marine Science Scholarship Competition co-presented with NAMEPA, the Future Salvors student program, and seven working committees covering Training, Education, Regulatory Affairs, Latin American outreach, Membership, Marketing & Communications, and Past Presidents. The go-to-market motion is community-led: membership drives business development through collegial bonds and reciprocal referrals among members, with industry events and the magazine serving as the primary engagement channels. Revenue is generated almost entirely from recurring annual membership dues supplemented by event and program activity; financials are not publicly disclosed. Governance is provided by a Board of Officers and Executive Committee, with Mike Dean serving as Executive Director (appointed January 2024), Elias Psyllos (T&T Salvage) as President, and a staff including CFO Lee Hill and Director of Operations Katie Hill.
The American Salvage Association firmographics
Firmographics- Name
- The American Salvage Association
- Legal name
- The American Salvage Association
- Website
- https://americansalvage.org
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- The American Salvage Association is a non-profit trade association headquartered in Alexandria, Virginia, representing the commercial marine salvage industry across the Americas and Caribbean through tiered membership, networking events, training, and the Soundings quarterly magazine.
- Ownership category
- akta.pro rank
The American Salvage Association industry classification
Industry- Product category
- Maritime Trade Association Services
- NAICS
- Ship Building and Repairing (336611), Navigational Services to Shipping (488330)
- SIC
- Services-Membership Organizations (8600)
- akta.pro primary industry
- Emergency Towage & Rescue (Refloating, Grounding Response) (IMAJANAB)
- akta.pro secondary industries
- Firefighting & Casualty Stabilization (Marine Fire, De-watering) (IMAJANAG), Salvage Engineering, Surveying & Claims Support (IMAJANAH)
Keywords
Where The American Salvage Association is headquartered
LocationHeadquarters
- HQ city
- Alexandria
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
The American Salvage Association business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Membership Dues: Annual membership dues from General Members ($8,253), Corporate Associate Members ($2,940), and Individual Associate Members ($588) form the primary revenue stream.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | General Member - Full membership for professional salvors and wreck removal operators |
| Subscription | Annual | Corporate Associate Member - Supporting companies in the maritime salvage industry |
| Subscription | Annual | Individual Associate Member - Individual professionals supporting the industry |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
The American Salvage Association product offering
Product offeringCore offering
The American Salvage Association is a non-profit trade association that unifies professional marine salvors and supporting maritime industry companies across the Americas and Caribbean. It delivers value through tiered membership programs (General, Corporate Associate, Individual Associate), the quarterly Soundings magazine, training courses for the U.S. Coast Guard, downloadable standard contract forms (BIMCO, Lloyd's Open Form, SCOPIC), industry advocacy with regulatory authorities, and programs such as the Marine Science Scholarship Competition and Future Salvors Program.
Product overview
The American Salvage Association is a professional industry association serving as a unifying force within the marine salvage industry across the Americas and Caribbean. The organization offers a portfolio of membership programs at three tiers (General Member, Corporate Associate Member, Individual Associate Member) that provide networking, business development, and access to industry expertise. Core offerings include Soundings Magazine (a quarterly publication reaching 120,000+ industry leaders), training programs for the U.S. Coast Guard and industry conferences, standard contract forms (BIMCO, Lloyd's, SCOPIC), the Marine Science Scholarship Competition with NAMEPA, the Future Salvors Program for student sponsorship, and the Annual General Meeting. The association operates through multiple committees including Training, Education, Regulatory Affairs, Latin American, Membership, Marketing & Communications, and Past Presidents, supporting professional development and industry advancement.
Differentiator
Problem solved
Functional benefit
Products and services
- ASA Membership - General Member Full membership tier for professional salvors and wreck removal operators, priced at $8,253 annually, including networking, committee participation, access to standard contract forms, regulatory representation, and industry leadership opportunities.
- ASA Membership - Corporate Associate Member Supporting membership tier for companies in the maritime salvage industry, priced at $2,940 annually, including networking access, committee participation, and member resources.
- ASA Membership - Individual Associate Member Individual professional membership tier priced at $588 annually, providing access to industry networking and resources for individual professionals supporting the maritime salvage industry.
- Soundings Magazine Official quarterly magazine of the American Salvage Association, circulated to members and industry leaders in print and digital format, featuring industry news, event information, and member updates. Distributed to over 120,000 digital subscribers and 3,000 print subscribers.
- Standard Contract Forms Library Downloadable standard contract templates available to members, including BIMCO contracts (Bargehire, Towcon, Towhire, Wreckfixed, Wreckhire, Wreckstage), Lloyd's Open Form, SCOPIC Clause, Salvhire, and Salvcon documents.
- Training Committee Programs Marine casualty response courses and seminars delivered to the U.S. Coast Guard National Strike Force and at select industry conferences, conducted by senior salvage industry executives and salvage masters.
- Marine Science Scholarship Competition Annual scholarship competition for high school and undergraduate students co-presented with NAMEPA, awarding funds for projects focusing on marine sciences, salvage, and environmental protection. The 13th annual competition is scheduled for 2026.
- Future Salvors Program Sponsorship award program for students interested in marine salvage careers, providing complimentary registration to ASA's Annual General Meeting in New Orleans, networking opportunities with industry professionals, and travel credit, in partnership with the International WorkBoat Show.
- Annual General Meeting Annual industry meeting providing members opportunities to learn about current industry issues and trends while networking with other industry professionals, typically held concurrently with the International WorkBoat Show in New Orleans.
- Latin American Committee Programs Initiatives and member networking events focused on growth and cooperation with Latin American countries for pollution control and wreck removal operations, including regional events such as the July 2026 Member Networking Event in Panama Canal.
Quantifiable outcome
- Membership allows companies to build lasting relationships with fellow industry leaders during annual and informal meetings
- +1 more outcomes
Companies that use The American Salvage Association
Customer profileNamed customers11 records
Segments4 records
Ideal customer profiles3 records
The American Salvage Association technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
The American Salvage Association partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and minor.
- North American Marine Environment Protection Association (NAMEPA)coreASA and NAMEPA co-present the Annual Marine Science Scholarship Competition for High School & Undergraduate Students. The 13th annual competition in 2026 awards scholarship funds to students pursuing marine sciences and maritime careers. Winners receive travel and accommodation to NAMEPA's Annual Conference & Awards Dinner in New York.
- Association of Diving Contractors International (ADCI)minorADCI is an affiliate member of ASA. The organizations have collaborated on joint events, including a first-time joint event in Panama in 2018 and a collaborative partnership announced in October 2025 to enhance commercial diving and marine salvage cooperation.
- C-PORTminorC-PORT is an affiliate member of the ASA, representing maritime industry interests and providing networking and collaboration opportunities.
- International Salvage Union (ISU)minorISU is an affiliate member of the ASA, representing the international salvage industry and supporting cooperation between salvors worldwide.
- NAMS (National Association of Maritime Salvage)minorNAMS is listed as an affiliated organization with membership activity, supporting the maritime salvage industry network.
- OMSA (Offshore Marine Service Association)minorOMSA is listed as an affiliated organization with membership activity, representing offshore marine service providers.
- SCAA (Salvage Association of Adjusters)minorSCAA is listed as an affiliated organization with membership activity, supporting the salvage adjusting community.
- Panama Canal Authority (ACP)minorThe Panama Canal Authority participates in ASA regional events, including presentations at the July 2026 Member Networking Event in Panama Canal. ASA collaborates with ACP on industry matters affecting the maritime industry in the region.
- Naval Sea Systems Command Supervisor of Salvage and DivingminorU.S. Navy Supervisor of Salvage and Diving participates in ASA events and industry presentations, supporting cooperation between military and commercial salvage capabilities.
- U.S. Coast Guard (USCG)minorASA maintains regular dialogue with federal agencies including USCG, exchanging views on the improvement of salvage and firefighting response. ASA provides training courses to USCG National Strike Force members and state/local authorities.
- International WorkBoat ShowminorASA partners with the International WorkBoat Show for the Future Salvors Program, where award recipients receive complimentary registration to attend the conference and expo concurrently with ASA's Annual General Meeting in New Orleans.
Scale indicators4 records
Recent moves5 records
Expansion highlights5 records
The American Salvage Association competitors and assessment
Company assessmentRegional players
- Society of Maritime Industries (SMI): SMI is the U.K. trade association for the maritime sector covering shipbuilding, equipment, and marine services. SMI parallels ASA's association-of-marine-industry-firms model but operates in a different geography.
Broad incumbents
- National Marine Manufacturers Association (NMMA): NMMA is the leading U.S. trade association for the recreational boating industry. NMMA operates at much greater scale and serves the broader marine manufacturing base, providing a benchmark for ASA's potential evolution as a maritime industry convener.
- American Waterways Operators (AWO): AWO is the national trade association for the U.S. tugboat, towboat, and barge industry. AWO serves a vessel-operating constituency adjacent to ASA's salvor base and offers a comparable model of regulatory advocacy and standards development.
Emerging players
- InterManager: InterManager is the international trade association for ship managers and operators. While focused on vessel management rather than salvage, InterManager parallels ASA's structure of representing operational firms within a specific maritime niche.
- Salvage Association of Adjusters (SCAA): SCAA is the professional association for marine claims adjusters working on salvage and wreck removal losses. Already affiliated with ASA, SCAA serves an adjacent stakeholder community critical to salvage contracts and tendering.
Direct peers
- International Salvage Union (ISU): ISU is the global trade association for the marine salvage industry, representing salvors worldwide on standards, training, and international regulation. Already an ASA affiliate member, ISU is the most direct global counterpart to ASA's regional mission.
- C-PORT: C-PORT is a maritime industry association representing port and harbor interests in the United States. As an ASA affiliate, C-PORT provides complementary industry representation and shares ASA's Washington, D.C. advocacy posture.
- North American Marine Environment Protection Association (NAMEPA): NAMEPA is a marine environmental protection industry association focused on sustainability and education. As ASA's core partner on the Marine Science Scholarship Competition, NAMEPA parallels ASA's nonprofit, advocacy-driven association model within an adjacent maritime niche.
- Association of Diving Contractors International (ADCI): ADCI is the international trade association for the commercial diving industry, closely tied to marine salvage operations. ADCI and ASA share member companies, conduct joint events, and announced a formal collaborative partnership in October 2025.
- Offshore Marine Service Association (OMSA): OMSA represents offshore marine service providers operating in the U.S. Gulf of Mexico and elsewhere. As an affiliated organization of ASA, OMSA serves an overlapping constituency of marine operators and shares similar trade-association functions.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
The American Salvage Association social profiles
Digital presenceThe American Salvage Association financial estimates
Financial estimateRevenue estimate
Valuation estimate
The American Salvage Association leadership team
Management profileNumber of profiles
Profiles10 records
The American Salvage Association funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The American Salvage Association M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about The American Salvage Association
What does The American Salvage Association do?
The American Salvage Association is a non-profit trade association that unifies professional marine salvors and supporting maritime industry companies across the Americas and Caribbean. It delivers value through tiered membership programs (General, Corporate Associate, Individual Associate), the quarterly Soundings magazine, training courses for the U.S. Coast Guard, downloadable standard contract forms (BIMCO, Lloyd's Open Form, SCOPIC), industry advocacy with regulatory authorities, and programs such as the Marine Science Scholarship Competition and Future Salvors Program.
Is The American Salvage Association a public or private company?
The American Salvage Association is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was The American Salvage Association founded?
The American Salvage Association was founded in 2024. It employs 1 to 10 people.
Where is The American Salvage Association based?
The American Salvage Association is headquartered in Alexandria, United States, in the North America region.
How does The American Salvage Association make money?
One revenue line is on record: membership Dues.
Who are The American Salvage Association's main competitors?
Society of Maritime Industries (SMI) is listed as a regional player. Broad incumbents are National Marine Manufacturers Association (NMMA) and American Waterways Operators (AWO). Emerging players are InterManager and Salvage Association of Adjusters (SCAA). Direct peers are International Salvage Union (ISU), C-PORT, North American Marine Environment Protection Association (NAMEPA), Association of Diving Contractors International (ADCI) and Offshore Marine Service Association (OMSA).
Does The American Salvage Association have an API?
No public API is recorded for The American Salvage Association.
What industry is The American Salvage Association in?
The American Salvage Association's product category is Maritime Trade Association Services. Its primary akta.pro industry code is IMAJANAB, Emergency Towage & Rescue (Refloating, Grounding Response), with a secondary code of IMAJANAG, Firefighting & Casualty Stabilization (Marine Fire, De-watering). Its NAICS code is 336611 and its SIC code is 8600.