AUS-M3000-Y-L3.4

Salvage, general average, and the master's authority in a crisis

AUS-M3000-Y-M3 · Shipmaster's Business · AUS-M3000-Y-M3-A The commercial and legal weight of command

This lesson covers the legal elements of salvage, the no-cure-no-pay principle, Article 14 special compensation, SCOPIC, and Lloyd's Open Form, before explaining general average and how the master's statutory authority underpins every crisis decision.