maritime salvage industry

The maritime salvage industry involves the recovery of ships, cargo, and other property lost at sea or stranded along coastlines. It includes actions taken to prevent environmental damage, like oil spills, and to save lives if a vessel is in distress. Salvors, the professionals in this field, use specialized equipment and techniques to retrieve valuable items and restore them to their owners. They operate under complex legal frameworks, often receiving payment based on the value of the salvaged items. This industry plays a crucial role in maritime safety and environmental protection.