Hollund Industrial Marine, an American underwater forest management company, announced that they will engage in domestic partnership in order to get access to North American underwater logging markets.
"While we are currently focused on logging timber from reservoirs in places like Panama, our North American partnerships have offered us the ability to capitalize on immediate opportunities in harvesting sunken timber, a practice commonly referred to as 'deadhead logging'," said Peter Meier, President of Hollund, as quoted by Lesprom Network.
Rivers and lakes used to serve as the highways for transporting logs from forest operations to mills. According to Lesprom Network, it is estimated that as many as one out of every ten logs floated on commercial waterways actually sank to the bottom prior to reaching its final destination in North America.
In a press release received by Lesprom Network, Sheldon Romain, Vice President of Hollund, says: "Deadhead logging represents an unprecedented opportunity to develop a high value 'lost' resource and create new jobs in the forest sector.”