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

The International Convention on Salvage of 1989 is an internationally accepted agreement that established guidelines and procedures for the salvage of ships in distress. The Convention works to promote the prompt, effective, and fair salvaging of ships in both international and territorial waters. In West Virginia, the International Convention on Salvage of 1989 applies to any rescue or salvage operations conducted within West Virginia’s territorial waters. The scope of the International Convention on Salvage of 1989 covers all aspects of salvaging a distressed ship. The Convention outlines both the rights and responsibilities of the salvor, as well as the salvage rewards due to the salvor in the event of a successful salvage. It makes clear that the salvor should provide any necessary assistance to save a distressed vessel, its crew, and its cargo. As well, it requires that all salvage operations should be conducted with due regard for the safety of the salvor, the rescued vessel, and the environment. The Convention also contains provisions for the payment of salvage reward, insurance for the salvor, and liability of the salvor. The Convention requires the salvor to be fairly rewarded for the services it provides, and also that it be adequately insured against any liabilities which may arise. When a successful salvage operation is completed, the salvor should be entitled to a salvage reward determined by the court in accordance with the provisions of the Convention. In essence, the International Convention on Salvage of 1989 is a legal agreement that works to ensure the safety of ships and their crews, as well as protect and reward the salvors. In West Virginia, it is a legally binding agreement that provides the framework for the successful salvaging of ships in distress.

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

Related FAQs

Related Blog Posts