Industry Areas: Admiralty & Maritime - Guides
Admiralty & Maritime
6. Salvage Services
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Last updated: 30 Mar 2015
- A salvage service is operated to assist in saving a wide variety of maritime property. This may include the ship itself, its cargo or even a shipwreck.
- Importantly the services of a salvage operation extend to saving the lives of people who are on board a vessel that is in danger at sea.
- Salvage services may also include:
- providing advice to save a ship from potential peril in a particular area;
- rescuing a ship from plunderers; or
- sending an aircraft to identify the location of a ship that is in danger.
- Unless the salvage reward is fixed by mutual agreement the amount to be paid is determined by a court hearing the matter. The court will consider:
- the degree of danger to human life and property;
- the expertise, skill and expense involved in the rescue service; and
- the overall value of the property saved.
- If lives have been saved the reward is likely to be considerably higher.
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