The Welsh Government says it welcomes the new deal between Llangennech-based company Hydro Industries and US giants T&T Salvage and will 'continue to support them' in their venture.
The agreement is set to create 100 jobs in Wales.
I welcome this new venture involving two companies that between them have the potential to bring about real environmental benefits through mitigating the damaging effects of disasters, whether they be natural or man-made.
This agreement today will not only launch Hydro into the US emergency response arena – a truly significant market - but will also generate a good number of high quality jobs in Wales.
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The Coast & Country team see the sights and meet the people and animals involved in this year’s Royal Welsh Show at Llanelwedd.
It will stay mostly dry with clear spells tonight. However, we may see a few showers around western coasts by dawn.
The announcement comes as part of efforts to tackle air pollution.