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Difference Between Towage & Salvage

What is Towage??  Towage is the act of having one ship or boat pull (tow) another. The puller is referred to as the tug, while the vessel pulled is referred to as the tow. Ships specialized for towing are called tugboats. Ships without motive power, which can only

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;