Speak With Blake Today

Blake Jones Law Firm, LLC, is currently taking claims related to Hurricane Ida. Call 504-323-4314.  

Insurance companies won’t treat you fairly, even when you’ve paid premiums for years and have never had a claim. Attorneys at the Blake Jones Law firm have recovered millions of dollars for thousands of hurricane damage claims in Louisiana. When your home is at stake, make sure you have experienced attorneys fighting to get the money you need to rebuild your home.

In 2005, Blake Jones Law Firm successfully handled thousands of Hurricane Katrina claims. Hire experienced lawyers that are prepared to fight for you immediately against insurance companies. Let us take this burden from you. Blake Jones Law Firm will not delay in getting fair recovery for your losses from the Hurricane Ida devastation.

Legal Help For Maritime And Motor Vehicle Accidents
Legal Help For Maritime And Motor Vehicle Accidents
  1. Home
  2.  – 
  3. Maritime Law
  4.  – Maritime law and salvage rights

Maritime law and salvage rights

On Behalf of | May 12, 2022 | Maritime Law |

The prospect of finding and keeping valuable items from a shipwreck falls under the legal principles of salvage. While some people might hold dreams of keeping this loot, the court system of maritime and admiralty law has different ideas.

This large body of law contains many interesting and surprising provisions.

A broad legal term

According to an article in Marine Insight, salvage regulations and laws have existed for centuries and they cover a broad range of situations. The rules governing an offshore salvage operation will differ from those related to an in-port situation. Environmental salvage operations involve efforts to save the ocean ecosystem due to the damage to a vessel and its cargo.

Even the meaning of a salvage operation changes depending upon the context of the situation. This has important considerations for both the companies performing salvage work and the ship owners hiring a company for salvage.

A general definition

Specific conditions must occur for an operation to fall under the category of salvage. It should involve a ship or vessel, the cargo on board or payable freight from a vessel. All of these properties must face some sort of peril such as falling overboard and being lost under the ocean.

The company performing the salvage operation must do so voluntarily, with no prior obligations. Finally, the contract must spell out a goal that determines payment; the industry calls this “No cure, no pay.”

Contracts that involve salvage situations require clear and precise language and an understanding of legal principles. Otherwise, this could lead to disputes or unexpected obligations on the behalf of shipping companies.