What are the remedies available under maritime law?
Maritime law, also known as admiralty law, is a body of law that aims to protect the rights of individuals engaging in trade and commerce on the seas and navigable waterways. Maritime law in West Virginia is governed by federal statutes, regulations, and court decisions. Under maritime law, certain remedies are available to parties who are involved in disputes related to maritime activities. These remedies include both contracted and non-contracted remunerations. Contracted remedies refer to rights outlined in a contract between the parties while non-contracted remedies refer to rights or damages granted by a court. A few of the contractual remedies available under maritime law are arbitration, which allows parties to resolve disputes out of court, and damages, which compensate an injured party for losses or injuries suffered as a result of another party’s negligence. Common non-contracted remedies under maritime law include general average, which is a voluntary contribution from all parties in a common voyage to defray losses that arose from an emergency situation, salvage, which is a reward for services provided in salvaging a vessel or its cargo, and contribution in general average, which requires all parties to bear a portion of the losses from an emergency situation. In addition to these remedies, a few more – such as recapture, limitation of liability, and contractual lien – may also be available. However, the interpretation and application of these remedies depend on the language of the contract and the facts of the case. Therefore, it is important that parties engaging in maritime activities seek competent legal advice in order to properly understand the remedies available under maritime law in West Virginia.
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