SalvageSalvageCreated OnFebruary 20, 2018byCult of Sea Print You are here: Glossary S Salvage < Back to Glossary IndexTo save a vessel or cargo from total loss after an accident; recompense for having saved a ship or cargo from danger.The property which has been recovered from a wrecked vessel, or the recovery of the vessel herself.Related:Constructive Total LossActual Total LossDreadage or Dreading ClauseGeneral AverageArrived shipHog (Hogging)
SalvageCreated OnFebruary 20, 2018byCult of Sea Print You are here: Glossary S Salvage < Back to Glossary IndexTo save a vessel or cargo from total loss after an accident; recompense for having saved a ship or cargo from danger.The property which has been recovered from a wrecked vessel, or the recovery of the vessel herself.Related:Constructive Total LossActual Total LossDreadage or Dreading ClauseGeneral AverageArrived shipHog (Hogging)