The International Convention on Salvage
The International Convention on Salvage, adopted in 1989, sets rules for salvaging ships and cargo at sea. It aims to encourage salvors to assist vessels in distress by providing them with a legal framework for compensation. Under this convention, salvors can claim a reward based on the value of the property saved and the risks involved in the salvage operation. The convention also addresses environmental protection, stating that salvors’ efforts to prevent pollution can be rewarded. Overall, it balances the rights and responsibilities of salvors, shipowners, and insurers to promote maritime safety and environmental preservation.
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The International Convention on Salvage (1989) is a treaty that governs the rights and responsibilities of salvors, who are people or companies that help recover ships and cargo in distress at sea. It establishes that salvors can be rewarded for their efforts, encouraging them to assist vessels in trouble. The convention emphasizes that salvors should act in good faith, prioritizing safety and environmental protection. It also includes provisions for dealing with hazardous materials. Overall, it aims to promote cooperation in maritime salvage operations while ensuring fair compensation for those who assist in emergencies at sea.