The salvage of the TRICOLOR is being carried out by the 'Combinatie Berging TRICOLOR', a consortium consisting of: SMIT Salvage B.V., Scaldis Salvage & Marine Contractors N.V., URS Salvage & Maritime Contracting N.V., and Multraship Salvage B.V. The salvage contract was awarded to the consortium by Wilh. Wilhelmsen and Gard.