Salvage Convention

The Salvage Convention is an international agreement that outlines the rights and responsibilities of individuals or companies that rescue ships and their cargo in distress at sea. It provides a framework ensuring that salvors, those who help save the vessel, receive fair compensation for their efforts, while also encouraging the timely rescue of vessels to prevent environmental damage and loss. The Convention establishes legal principles for salvage operations, helping to balance the interests of shipowners and salvors, promoting safety and environmental protection on the high seas.