"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. "Throughout North America we see numerous deadhead projects already underway. This is tremendously exciting for us."
In the early days of logging, rivers and lakes served as the highways for transporting logs from forest operations to mills. 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.
"When you consider the fact that up to 10% of the timber cut from forests over many decades could be currently lying on the bottom of waterways, you end up with billions of board feet of recoverable lumber," said Sheldon Romain, Vice President of Hollund. "Deadhead logging represents an unprecedented opportunity to develop a high value 'lost' resource and create new jobs in the forest sector. This will allow HIMR to lead the U.S. industry by leveraging our partnerships in wood sales, manufacturing, and technology partnerships."
Hollund Industrial Marine, Inc. is an underwater forest management company.
