You sure about that? I thought that if the captain accepted assistance then you could claim a proportion (Lloyds open form) but if its abandoned then I reckon its yours.
Could be wrong - I often am.
You may be right for a totally abandoned boat. I know that the marine salvage companies who send tugs to stricken vessels generally get the owners to sign before they put a tow aboard.
'The action is swift, taut and convincing, the portrayal of men and situations colourful and alive' (Scotsman). This earlier judgement of Wilbur Smith's writing is magnificently borne out in Hungry as the Sea.
The 'Golden Prince' is deposed: once the flamboyant chairman of a huge shipping consortium, now the captain of a salvage tug – such is the revolution in the life of Nick Berg.
Then a cruise ship, stranded with six hundred people in the frozen wastes of the Antarctic, could be his chance to fight back. His heroic salvage of the liner in some of the most terrifying weather on this planet sweeps him back to even greater power and an even more deadly conflict with the man who has supplanted him as chairman.
Blazing action is the keynote of this splendid novel of the sea: in the ice-world of Antarctica; in the thundering surf of a South African beach; in the unbearable tension of a hushed courtroom in the City of London; in the subtle conflict between two women, the irrepressible Samantha and Nick's lovely former wife, and finally in the striding devastation of a Caribbean hurricane.
I wish I was on a commission for publicity.Welcome to hell on water…
Hazel Bannock is the heir to the Bannock Oil Corp, one of the major oil producers with global reach.
While cruising in the Indian Ocean, Hazel's private yacht is hijacked by African Muslim pirates.
Hazel is not on board at the time, but her nineteen year old daughter, Cayla, is kidnapped and held to ransom.
The pirates demand a crippling twenty billion dollar ransom for her release.
Complicated political and diplomatic considerations render the major powers incapable of intervening.
When Hazel is given evidence of the horrific torture which Cayla is being subjected to, she calls on Hector Cross to help her rescue her daughter.
Hector is the owner and operator of Cross Bow Security, the company which is contracted to Bannock Oil to provide all their security.
He is a formidable fighting man.
Between them Hazel and Hector are determined to take the law into their own hands.
Anything 'found' anywhere remains the property of the owner. If you 'find' something in the middle of nowhere you can't just 'claim' it. It's no different to a car left broken down on a country road, or a wallet found in the gutter.
If the navy sold it back to the insurers they must have struck a deal, but the boat remains the property of the owner unless they relinquish ownership. There are no automatic rights to claim lost or abandoned property of any kind. There are some obligations on boat skippers to accept assistance along with associated costs, in the case of impensing risk to life, but that's fairly recent legislation.Not a sea lawyer but I am ex RN. Many years go in a minesweeper we salvaged a fishing boat and all got shares. If I remember correctly it was abandoned and the RN sold it back to the owners/insurers. peacetime 'Prize money' if you like. So i'm fairly sure that 'flotsam' belongs to who finds it.
My father was involved in salvage of the Yacht "Ruth" which was found adrift in the Bermuda Triangle, along with other crew from HMS London.
He received salvage from that which was paid out by the insurance company. I don't believe it is ever intended as "buying" the boat back it is more as compensation for being unlucky enough to find a vessel in distress.
If every vessels in distress became the property of the rescuer, I'm pretty sure the RNLI would be rolling in money!
In the United Kingdom under the Merchant Shipping Act 1995, jetsam, flotsam, lagan and all other cargo and wreckage remain the property of their original owners. Anyone, including recreational divers and beachcombers, removing those goods must inform the Receiver of Wreck to avoid the accusation of theft. As the leisure activity of wreck diving is common, there are laws to protect historic wrecks of archaeological importance and the Protection of Military Remains Act 1986 protects ships and aircraft that are the last resting place of the remains of members of the armed forces.
If the navy sold it back to the insurers they must have struck a deal, but the boat remains the property of the owner unless they relinquish ownership.....
they usually agree so to do when they accept the insured value from the insurer. ownership of the insured property then passes to the insurer.