How does the Salvage Convention of 1989 affect maritime law?

The Salvage Convention of 1989, or also known as the 1989 International Convention on Salvage, is an international treaty that affects maritime law in South Carolina and throughout the world. This treaty has been signed by 58 countries and is recognized as the governing document for salvage operations. The Salvage Convention has a few main provisions that affect maritime law. First, the Convention dictates that salvors must be compensated for their service, as the vessel is being saved from peril. This compensation is based on the salvor’s success in protecting the vessel, as well as other factors, such as the amount of money the salvors had to spend on the operation. Second, the Convention states that salvors must do their best to minimize damage to the environment during salvage operations. This includes using the best methods available to avoid and minimize pollution. Third, salvage law has been clarified by the Salvage Convention of 1989. The Convention specifies which vessel owners are responsible for compensating salvors, and provides guidance for disputes that arise between salvor and owner. Finally, the Convention sets guidelines for when a salvor is entitled to a maritime lien on a vessel. This means that the salvor is entitled to receive payment from the vessel owner before other creditors. These provisions of the Salvage Convention of 1989 have had a significant impact on maritime law in South Carolina and around the world. By clarifying the laws governing salvor and owner relations, the Salvage Convention has provided more certainty in the area of maritime law.

How does the Salvage Convention of 1989 affect maritime law?

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