What is salvage , what are the duties of salvor / owner ? conditions and criteria ?

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FOLLOW

Salvage- any act or activity undertaken to assist a vessel or property in danger in navigable waters or any waters whatsoever

Duties of Salvor:
undertake salvage with due care/ exercise due care to minimize pollution damage during the salvage/ seek assistance from other salvors when required / accept assistance when reasonable from other salvors when vessel owners request so.
Duty of owner
Assist salvor in all means as practicable / due care to minimize pollution damage / take re delivery of the vessel when salvor request so upon reaching a safe port.
Condition and Criteria for reward:-
Condtion – there should be some saving from the act
Criteria –
a.value of the property saved
b. skill of the salvor in minimizing pollution
c. skill of the salvor in saving property and human life
d. nature and degree of danger
e. risk and liability taken by the salvor
f. promptness of the assistance rendered
g. readiness of the salvor and equipements
h. extend of the use of equipments and vessel
I measure of success achieved
J time used, losses and expenses incurred to the salvor
k. salvage remuneration cannot be more than the salved value