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It is managed by an Executive Committee consisting of the President, Vice-President and up to ten individuals drawn from member companies.
The membership and Executive Committee are supported by a General Manager, Legal Adviser and Communications/Public Relations Adviser.
The ISU, working in association with the International Group of P&I Clubs, property insurers and the International Chamber of Shipping, made a very significant contribution to the development of SCOPIC, the joint industry Special Compensation P&I Club clause.
The ISU has also drawn up a standard Award-Sharing Agreement, for use in situations where more than one salvor is involved in the response to a casualty.
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The ISU has been responsible, in co-operation with the European Tugowners’ Association and the International Group of P&I Clubs (and via the good offices of BIMCO), for the introduction of the TOWCON and TOWHIRE standard international towage agreements.