Marine Link
Friday, October 21, 2016

Court Rules on Salvage v. Finds

February 2, 2006

The U.S. Court of Appeals for the Fourth Circuit ruled that the law of salvage rather than the law of finds applies to the on-going work related to the wreck of the RMS TITANIC. The court also overturned the lower court’s actions regarding certain artifacts that had been retrieved and taken to France in 1987, ruling that the court had no in rem jurisdiction over those artifacts. The decision includes a lengthy comparison of the law of salvage and the law of finds. The case was remanded to the trial court with instructions to apply the principles of traditional salvage law to the wreck of the TITANIC in a manner that serves either the owner or, absent an owner, the public interest and at the same time provides an appropriate award to the salvor. RMS Titanic, Inc. v. The Wrecked and Abandoned Vessel, No. 04-1933 source: HK Law

Maritime Reporter Magazine Cover Oct 2016 - Marine Design Annual

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News