From the category archives:

Salvage

Coast Guard does nice beach pull.

Coast Guard cutter, crews rescue beached beacon | Best Web | StarNewsOnline.com. Standing 26 feet tall, the metal buoy weighs 12,100 pounds dry and as much as 33,000 pounds when flooded, BMC Chris Groom said. Given the amount of time the buoy sat on the beach, flooding was likely.

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March 11, 2010 Read the full article →

Got Paint?

Do you know what I mean when I refer to prima paint? Hint: it doesn’t come in a can. If you are using a salvage contract, whether it is a BOAT/US Open form, a MARSALV form, or some other contract, it likely has an arbitration clause. Arbitration clauses are very useful, as they can greatly [...]

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April 20, 2009 Read the full article →

Can SalCon89 be Salvaged?

Does anybody care about the Salvage Convention any more? Is SalCon89 dead? Moot? Has the music died? Martin Davies, Law Professor and Director of the Tulane Maritime Law Center at the Tulane Law School, has wondered the same thing and wrote a paper for the Journal of Maritime Law & Commerce last fall.  His paper [...]

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April 8, 2009 Read the full article →

Too Costly to Keep, Boats Become Castaways – NYTimes.com

Thumbnail image for Too Costly to Keep, Boats Become Castaways – NYTimes.com

I just keep finding more and more stories like this one: Too Costly to Keep, Boats Become Castaways – NYTimes.com.

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April 1, 2009 Read the full article →

Standard Deviations…

more on the cport meeting…. At one point, a question was posed asking why C-PORT wasn’t the logical forum for the industry to create some standards that would reflect what would be “fair and reasonable” salvage demands. This discussion was swiftly squashed as the executive director (correctly) pointed out that any discussion of prices or [...]

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February 18, 2009 Read the full article →

Contemplating Values

photo: Ringo contemplates his contribution to the crew of Water Torture… The salvage seminar at last week’s C-PORT conference included some discussion about “fair and reasonable” charges for salvage awards. I will argue about fair and reasonable in another post. Today, I want to correct what I feel was a serious error brought forth by [...]

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February 5, 2009 Read the full article →

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