Owner of Salved and Salving Vessels Entitled to Salvage Award

Wednesday, August 06, 2003
The U.S. Court of Appeals for the Ninth Circuit ruled that a company that owns both the salved vessel and the vessel performing salvage may be entitled to share in the salvage award. In the instant case, a tug owned by the company caught fire while towing a barge in the Gulf of Alaska. The company diverted another one of its tugs to the scene. This second tug had been equipped with salvage gear. The second tug brought the first tug and the barge under tow and they eventually reached port. The crew of the second tug sued for a salvage award. In addition to resisting the suit, the company contended that it was entitled to share in any award the court might make. The trial court awarded salvage to the crew, but denied any proceeds to the company. The appellate court held that the right to remuneration for salvage services is not affected by common ownership of the two vessels involved. The issue is whether the salving vessel was put at risk. Bartholomew v. Crowley Marine Service Source: HK Law
Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Thai Resort Owners Sue State Owned Company for Oil Spill

Business owners on Koh Samet island are suing a state-owned petroleum enterprise for the oil spill that polluted the resort island's beaches last year. More than 50,

Nigerian Piracy Threatens UK Interests: New Report

The UK economy is heavily exposed to lawlessness off the coast of Nigeria, a new report published today by the UK Chamber of Shipping says. The report found that almost all of the UK’s annual £6.

Maine Port City Bans Oil Loading

City councilors in South Portland, Maine, voted late Monday night to ban the loading of crude oil onto tankers along its waterfront, throwing up yet another roadblock

Finance

Scorpio Tankers: Latest Financial & Ship Delivery News

Scorpio Tankers Inc. says it has updated its stock buyback program; lists its latest new vessel deliveries, and gives the release date of its second quarter 2014 earnings report.

Box Ships Inc. Repays Commerzbank Loan

Greece-based Box Ships Inc. says it has repayed in full the outstanding amount under its loan agreement with Commerzbank AG dated July 29, 2011.  The outstanding amount of the loan,

Aker Philadelphia Shipyard ASA : Purchase of own shares

Aker Philadelphia Shipyard ASA (the "Company") (Oslo: AKPS) has on 21 July 2014 purchased 2,155 shares in the Company on Oslo Axess at an average price of NOK 160.

 
 
Maritime Security Naval Architecture Navigation Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Ship Simulators Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0981 sec (10 req/sec)