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

The International Convention on Salvage 1989 (SALVCON) is an international treaty that sets out the legal framework governing the salvage of maritime property. The scope of SALVCON applies to any maritime property, including vessels, goods, and cargo, that has been lost or damaged at sea. Under SALVCON, salvors are generally entitled to a reward for their services from the owner of the salvaged property, depending on the degree of difficulty and danger associated with the salvage operation. SALVCON also defines the conditions under which a salvor may carry out a salvage operation. Salvors must be professionally competent and undertake the salvage operation with the best available knowledge and equipment, subject to the safety of the salvaged property and the safety of all personnel involved. In addition, a salvor has the right to be paid for salvage costs, such as wages and supplies, even if the salvage operation is unsuccessful. SALVCON also offers special protections for salvors operating in dangerous waters or in environmental disasters, such as oil spills. In these cases, the Salvor is entitled to receive an additional bonus for taking on the risk of a hazardous operation. In New York, SALVCON generally applies to all maritime salvage claims. Thus, it is important that all parties involved, including the salvors and the owners of the salvaged property, understand the scope of the Convention and comply with its provisions.

Related FAQs

What is the scope of the International Convention on Maritime Search and Rescue?
How does piracy affect the international legal system?
What is the scope of the International Convention on Civil Liability for Bunker Oil Pollution Damage?
What is the scope of the Convention on the Prevention and Punishment of Crimes against Internationally Protected Persons, including Diplomatic Agents?
What is the scope of the International Convention for the Safety of Life at Sea?
What is the doctrine of limited liability?
What is the scope of the International Convention for the Protection of Natural Resources and the Environment in the South Pacific Region?
What is the scope of the International Convention on Load Lines?
What is the scope of the International Convention on the Control of Harmful Anti-Fouling systems?
What is the scope of the Convention on the Prevention of Marine Pollution by Dumping of Wastes and Other Matter?

Related Blog Posts

Understanding the Basics of Maritime Law - July 31, 2023
Exploring the Requirements of Maritime Contracts - August 7, 2023
Navigating Ship Registration with Maritime Law - August 14, 2023
Filing Maritime Liens and Ship Mortgages - August 21, 2023
Comprehending Maritime Insurance and Its Value - August 28, 2023