What is the scope of the International Convention on Salvage of 1989?

The International Convention on Salvage of 1989 (the "Salvage Convention") is a treaty that governs the rights and responsibilities of those involved in maritime salvage operations in Minnesota and around the world. The Salvage Convention provides a framework for how salvage operations should be conducted, including the payment of salvage awards and the sharing of profits among the salvors. The Salvage Convention applies to all maritime vessels that are engaged in a marine transit and have been damaged by some form of peril, such as a collision, grounding, fire, or pollution. The convention applies to both international and domestic waters, so Minnesota vessels are covered as well. The Salvage Convention outlines the duties of salvors, such as ensuring the safety of the vessel and its crew and preventing further damage to the environment. Salvors are also obligated to take steps to prevent further damage to the vessel and to identify the cause of the incident. Salvors must also document the salvage operation and make all necessary reports. The Salvage Convention provides for the payment of salvage awards to be paid to the salvors. The awards are calculated based on the degree of success of the salvage operation and the risk that the salvors have taken on. The Salvage Convention also provides for the sharing of profits between the salvors and any third parties who may be involved. The Salvage Convention is an important part of maritime law in Minnesota and around the world. It is designed to ensure that vessels are salvaged safely, legally, and responsibly, while providing sufficient compensation for those involved.

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What is the scope of the International Convention on Salvage of 1989?

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