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      01-15-2012, 01:55 PM   #22
peterg1965
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Quote:
Originally Posted by sheps View Post
Am I right in thinking that marine salvage co's work on a percentage of the value of what they recover? I'm sure I read that in an interview with a marine salvage company owner?
Sheps, there are complex laws governing salvage, if the Company have "salvage rights" then there is a lot of money to be made. I guess that they will have a very lucrative contract with the vessel owner's though.