Salvage Flashcards
You are the Master of a vessel that requires immediate assistance. Tugs are available and offer you help and you have time in hand. What should you do?
As Master, and as I have time, I would contact my company and haggle a towing contract with the towing vessels as this is cheaper than a salvage.
As Master you need immediate assistance and a tug is able to help, you do not have time to haggle towing contracts, what is your action?
YES accept salvage agreement immediately without deliberation.
How will you agree upon salvage?
Salvor will offer usually by VHF or other means. A message might read ‘ Offer salavage service basis lloyds form LF 2011 no cure no pay. Master (salving ship name)’. Master reply ‘accept salvage services basis lloyds form LOF2011 no cure no pay. Master ship’s name’.
Is LOF2011 the only salvage form?
No, various local forms are used in different parts of the world i.e. nippon salvage in Japan however LOF2011 is most widely accepted.
What are the advantages of LOF 2011?
- it can be agreed to by radio
- there is no need to haggle, they are fixed
- any reward is determined by arbitrators after salvage
- Salvor gets an interim reward pending final settlement
- salvor can claim for special compensation for protecting enviornment
- It is a NO CURE NO PAY contract.
Once you are saved by salvor, where should they take you? Port of refuge or place of safety?
To get their reward the savlor must take me to a place of safety which has repair, survey etc and ship can be put back into service. Port of refuge could be just a sheltered anchorage.
