A contemporary says :—The following points'as to the customary rules of alotting salvage will give a general idea of the w<iy in which the award will be distributed :—' The shipowner's sharo of snhago award is chiefly determined by the value of the salving ship and risk jhe has ruu, and where the salving ship is a .steamer the owner's share is now generally three- fourths of the award. The nuu-ter generally obtains a special apportionment depending on the amount of responsibility he assumes in rendering the services. The officers and crew are generally awarded a lump sum, which is divided according to their rating. A passenger's sharo depends on his sharo of service rendered, and he may rate with an able seainaii io ceitaia oiroumstances.'
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Bibliographic details
Waikato Argus, Volume VII, Issue 515, 18 November 1899, Page 4
Word Count
125Page 4 Advertisements Column 1 Waikato Argus, Volume VII, Issue 515, 18 November 1899, Page 4
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