Image for The "Salvor"

The "Salvor"

A salvor is a person or organization that helps recover a ship, its cargo, or property that has been damaged or lost at sea. They employ their expertise to rescue vessels in distress or salvage valuable items from shipwrecks. Salvors are often rewarded for their efforts, typically receiving a percentage of the value of the salvaged goods, known as "salvage rights." This role is essential for maritime safety and the protection of the marine environment, as salvors help prevent pollution and recover lost resources.

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  • Image for The "Salvor"

    A salvor is a person or organization that helps recover or salvage a ship, its cargo, or property from danger, such as sinking or being stranded. This can involve efforts in maritime situations, like rescuing a vessel in distress or recovering goods after a shipwreck. Salvors are often compensated for their services based on the value of the recovered items or the risk involved in the operation. Their work is crucial in mitigating losses and ensuring safety at sea, often governed by laws that outline rights, responsibilities, and compensation terms.