There are several factors that would be considered by a court in establishing the amount of the salvor’s award. Some of these include the difficulty of the operation, the risk involved to the salvor, the value of the property saved, and the degree of danger to which the property was exposed. It would be a rare case in which the salvage award would be greater than 50 percent of the value of the vessel. More commonly, salvage awards amount to 10 percent to 25 percent of the value of the vessel and property salvaged.
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