Wreck removal
B4. Shipbuilding, Materials, Sea Trials, Retrofits and RecyclingDefinition
Operations under Nairobi Convention.
Wreck removal is the marking, salvage, or removal of a wreck that poses a hazard to navigation or the marine environment, governed where it applies by the Nairobi International Convention on the Removal of Wrecks, which entered into force on 14 April 2015. The convention makes the registered owner strictly liable for locating, marking, and removing a hazardous wreck in a state’s exclusive economic zone, and requires ships of 300 GT and above to carry insurance and a state-issued certificate covering that liability.
Source: Nairobi WRC 2007, in force 14 April 2015