The time bar for any action relating to payment under the Salvage Convention is two years from the time the salvage operation has been terminated. The period can be extended by the defendant in an action under the 1989 Salvage Convention. Indemnity claims are subject to the time bar for such actions under the national law of the State party.
Limitation of liability issues are not dealt with under the Salvage Convention but under the 1996 Limitation of Liability for Maritime Claims Convention (1996 LLMC).
Under the 1996 LLMC, the salvors’ liability is limited to that of a ship owner of a vessel of 1,500 tons.
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