“Jetsam”, “flotsam”, “lagan” or derelict found in or on the shores of the sea or any tidal water.
“Jetsam” means goods or cargo jettisoned from a vessel. “Flotsam” means floating wreckage (e. g. of a ship or cargo). “Lagan” means goods, cargo or wreckage at the bottom of sea, including goods attached to a buoy with a view to later recovery. A derelict is an abandoned vessel, ownerless at sea without hope or intention of recovery.
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