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Class 1 (Chief Engineer) Engineering Management 📅 Jul 2021

Exam Question

What are the principles of modern salvage law? What is general average? Explain with context to general average

(i) Entitlement

(ii) Artificial

(iii) Adiustment

(iv) Contestation.

Reference Answer

### Principles of Modern Salvage Law
Modern salvage law is primarily governed by the **International Convention on Salvage 1989**, which updated earlier principles to address contemporary maritime risks, particularly environmental damage. The core principles are as follows:
1. **Voluntary Service**: The act of salvage must be rendered voluntarily, without any pre-existing contractual or legal obligation to do so. The salvor acts on their own initiative to assist a vessel or property in distress.
2. **Recognized Subjects of Salvage**: The service must be rendered to recognized maritime property, which includes the vessel, its equipment, cargo, freight at risk, and bunkers.

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