China Yantai Salvage of Ministry of Transport (MOT), having Yantai Marine Rescue and Salvage Bureau of Ministry of Communications as its predecessor, was established on September 12th 1974.

It’s an institution directly under MOT responsible for its own losses and profits undertaking the governmental non-profit functions of property salvage, wreck removal, oil spill recovery and etc. in North China Sea, as well as the largest marine salvage and ocean engineering contractor in North China... [More]