International Convention on Salvage 1989: Celebrating 30 Years of Maritime Safety and Environmental Protection
The maritime industry is celebrating the 30th anniversary of the International Convention on Salvage, which has played a crucial role in enhancing maritime safety and environmental protection. Med Marine, a member of the International Salvage Union, highlights the Convention's contribution to establishing a fair international framework for marine salvage operations. The Convention introduced the 'no cure, no pay' principle, encouraging professional salvors to respond quickly to vessels in distress, ensuring successful salvage efforts are rewarded. It also introduced special compensation to protect the marine environment, evolving into the SCOPIC Clause under LOF 2000. The Convention remains a cornerstone of modern maritime practice, supporting shipowners, insurers, coastal states, and the wider maritime community.