The Law of Salvage

The Law of Salvage is a legal principle that assigns rewards to those who voluntarily recover and restore property lost at sea or in similar circumstances. It encourages people to aid ships, cargo, or property in distress by offering a reward or percentage of the value saved. The amount awarded depends on the effort, skill, and success of the salvage operation, and it aims to balance the interests of salvors and property owners. This law promotes maritime safety and responsible assistance without penalizing those who help others in danger at sea.