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Tag Archives: LLYODS OPEN FORM

salvage

Salvage and Towage

Under Article 98 OF UNCLOS, Master has a legal duty to proceed with all possible speed to render assistance to any person in distress at sea nearby, without serious danger to his vessel, her crew and passengers. Under Regulation 10-1 of SOLAS 1974, master shall

Salvage

Salvage and the essential elements in a salvage service “Salvage” is a service rendered by a person who saves or helps to save any maritime property in danger. Salvage must be considered from three legal aspects • The common law aspect; • The statutory aspect;