
Italian Salvage Law
Italian Salvage Law governs the rights and responsibilities regarding the recovery of ships and cargo in distress at sea. It allows individuals or companies to recover property from sunken vessels, requiring them to notify authorities. Salvors are entitled to a reward based on the value of the recovered property, which encourages prompt assistance. The law aims to balance the interests of salvors and owners, promoting maritime safety while protecting the rights of shipowners. Overall, it establishes a framework for cooperation and compensation in maritime salvage operations.