A ‘fair rate’ for salvage operations includes the overheads of the salvage company and the additional costs of being instantly available.
Citations:
Times 10-Feb-1997, [1997] UKHL 2; [1997] 1 All ER 502; [1997] 2 WLR 298; [1997] 1 Lloyds Rep 323
Links:
Statutes:
International Salvage Convention 14.3
Transport
Updated: 20 May 2022; Ref: scu.89168