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

The International Convention on Salvage of 1989 is a treaty that defines the rights and duties of parties involved in a maritime salvage operation known as the “Salvage Convention”. The Salvage Convention is an agreement to protect salvage operations of any kind – from rescuing a boat in danger of sinking to mitigating hazardous spills in an ocean. The scope of the Salvage Convention sets out the rights and duties of the salvor (the entity attempting to rescue a vessel or other maritime property) and the salved (the owner or custodian of the property in question). The salvor is required to render assistance provided the operation carries no risk to life or limb and the reward for successful salvaging is just and equitable. The salved, meanwhile, is bound to pay adequate compensation to the salvor for their successful recovery of the property. The Salvage Convention also provides a framework for dispute resolution in the event that any disagreement arises between the salvor and salved. In addition, the Salvage Convention sets out the conditions and responsibilities for responding to environmental disasters such as oil spills and hazardous waste pollution. As such, the Salvage Convention is an important document for maritime law in Virginia, as it can help to ensure safe, effective, and adequately-remunerated salvage operations while also safeguarding against the negative effects of hazardous pollution.

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