How much is any salvage reward likely to be?

It can never exceed the value of the salved property (even when the salvor’s costs are greater), but otherwise it is not fixed, and there is no firm rule. In some years, salvage rewards have averaged less than 10% of the value of the salved property; in other years they have averaged closer to 20%.

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If a merchant ship renders salvage services, how will the reward be shared?

What are the criteria laid down in Article 13 of the International Salvage Convention for fixing a salvage reward?