Salvage Created 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 ClauseArrived shipGeneral AverageHog (Hogging)
Created 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 ClauseArrived shipGeneral AverageHog (Hogging)