Define: Salvor

Salvor
Salvor
Quick Summary of Salvor

A salvor is an individual who assists in rescuing a ship and its cargo from potential harm or loss. They are eligible to receive compensation for their efforts, known as salvage. A salvor is someone who offers their assistance willingly, without any prior agreement or obligation. They must possess the intention and capability to save the ship and its cargo, but they are not required to have the intention of keeping it for themselves.

Full Definition Of Salvor

A salvor, also known as a salvager, is a person who rescues a vessel and its cargo from potential harm or loss. They are eligible to receive salvage rights. According to Martin J. Norris, a salvor is an individual who voluntarily offers their assistance without any prior contractual obligation or personal connection to the distressed ship or property. For instance, if a ship is sinking and someone jumps in to save the crew and cargo, that person becomes a salvor. They may not have any affiliation with the ship or its cargo, but their valuable service helps prevent danger or loss. Another example could involve a person discovering a lost ship and aiding in its return to shore. Although not obliged to do so, they provide a valuable service and are entitled to salvage rights.

Salvor FAQ'S

A salvor is a person or entity that provides assistance or services in the recovery or preservation of property at sea or in other maritime environments.

Salvage operations are governed by maritime law, which includes international conventions, national laws, and established legal principles.

Salvage compensation is typically determined based on the value of the property saved, the skill and effort involved in the salvage operation, the risks faced by the salvor, and other relevant factors.

In general, anyone can become a salvor, but certain qualifications and licenses may be required depending on the jurisdiction and the type of salvage operation.

A salvor has the right to claim salvage compensation for their services and may have a lien on the salvaged property. They also have a duty to act in good faith, exercise reasonable care, and avoid causing further damage during the salvage operation.

Salvors have the right to salvage property without the owner’s consent if it is necessary to prevent further loss or damage. However, they must make reasonable efforts to locate and notify the owner as soon as possible.

Salvors can be held liable for damages caused during a salvage operation if they act negligently or recklessly. However, they may also be protected by certain legal defences, such as the “safety of life at sea” principle.

Salvaging cultural or historical artifacts may be subject to additional legal requirements and restrictions, such as obtaining permits or complying with heritage preservation laws. It is important for salvors to be aware of these regulations.

Salvaging wrecks or sunken vessels may require specific permits and approvals, as well as compliance with environmental regulations. Salvors should consult with relevant authorities and obtain necessary permissions before undertaking such operations.

Salvaging property in international waters is subject to the jurisdiction of the flag state of the vessel or property being salvaged, as well as any applicable international conventions or agreements. Salvors should be familiar with the legal framework governing salvage operations in international waters.

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Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 17th April 2024.

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