It will mean that any special compensation awarded to the salvor will be assessed using a tariff of agreed rates and not on the basis of Article 14 of the Salvage Convention. This will reduce the possibility of costly legal disputes.
Whereas a possessory lien depends on possession of property, a maritime lien does not depend on possession and is not extinguished by transfer of title in the property to a bona fide purchaser who is not notified of the lien's existence. A maritime lien can therefore "travel with the ship" to which it attaches, and is not lost through a change of ownership.
Where a port State authority requires that specific ballast water procedures and/or treatment option(s) be undertaken, and due to weather, sea conditions or operational impracticability such action cannot be taken, the master should report this fact to the port State authority as soon as possible and, where appropriate, prior to entering seas under its jurisdiction. (BWM Guidelines, 8.1.1)
Costs associated with the ship's employment, including costs of bunker fuel, canal tolls, light dues, port charges (including pilotage, towage, berth charges, agency fees, linesmen's charges, etc.), passenger-handling costs, and cargo- handling costs. Voyage costs are the costs incurred to earn the freight or other voyage revenue. They vary with the length of the voyage and the number of port calls.
On behalf of the owners of the ship and the owners of all "maritime property" on board including any cargo, cargo containers, bunkers, stores and other equipment, and the recipients of any freight at risk. On a ship with contractors' equipment on board, such as a diving support vessel, the owners of that equipment would also be included. All the owners of "maritime property" become liable for a contribution to the salvor's reward if he is successful.
The master of a UK ship must ensure that, when the ship enters a VTS area in the territorial waters of an EEA State (i. e. an EU Member State, Norway or Iceland), the ship must comply with the rules of the VTS if they are in accordance with IMO Guidelines. The master of a non-UK ship must ensure that, when the ship enters a VTS area in UK territorial waters, the ship must comply with the published or promulgated VTS rules.