Apportionment of Salvage Award

Apportionment of salvage award refers to the process of fairly dividing the compensation received from salvaging property among multiple parties involved. When a salvage operation helps save a ship or cargo at sea, the reward is distributed based on each participant's contribution to the success, the degree of risk taken, and their role. Proper apportionment ensures that everyone who played a part in the rescue is fairly compensated for their efforts and costs, aligning the award with their respective contributions and responsibilities during the salvage operation.