What is the scope of the International Convention on Salvage of 1989?
The International Convention on Salvage of 1989 is an international treaty that establishes a uniform set of rules and regulations for the maritime salvage industry. Maritime salvage is the process of salvaging property (including ships, crew, and cargo) from the sea. The scope of this convention covers all aspects of the salvage process including the salvage operations, compensation, and liability. The convention is applicable to all vessels, including ones owned by governments and international organizations. It applies at the time of the peril to which the vessel is exposed, regardless of whether the salvaged property is above or under water. It also applies to both salvage operations conducted by private entities and those conducted by a state. The convention also establishes a basic framework for the rights and duties of salvors and for the compensation they may be due for their services. It states that any salvor who successfully carries out a salvage operation should be awarded a fair compensation, taking into account the degree of danger faced, the value of the salvaged property, and the skill and effort used in the salvage operation. It also requires that salvors must take all necessary steps to prevent or minimize damage to the environment and states that a salvor should be liable for any damages caused. The International Convention on Salvage of 1989 is a major instrument that helps to ensure efficient and safe maritime salvage operations around the world. It sets out the rights and obligations of the salvor, protects the salvaged property, and provides a framework for the fair compensation of salvors. This convention is a vital part of maritime law in Hawaii and the rest of the world.
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