"The Maritime Salvage Code"

The Maritime Salvage Code is a set of international guidelines that governs the salvage of ships and cargo at sea. It promotes safe and efficient rescue operations when a vessel is in distress or has sunk, aiming to minimize environmental damage and protect marine resources. The Code clarifies the rights and obligations of salvors (those who assist) and shipowners, ensuring fair compensation for salvors while discouraging reckless behavior. It also establishes principles for the conduct of salvage operations, emphasizing cooperation among parties involved to achieve the best outcome for everyone.