Commercial Maritime Law

1. Vessel appurtenances and freight provided for in Article 48(1) shall include: a) compensations due to the owner for material damage sustained by the vessel, if not repaired, and for loss of freight; b) compensations due to the owner for general average losses arising from material damage sustained by the vessel, if not repaired, or for loss of freight; and c) rewards due to the owner for acts of salvage performed during the voyage, after deducting sums due to the master, crew members, and other persons bound by a maritime work contract on the vessel. 2. Passenger fares shall be deemed as freight. 3. Compensations due to the owner under insurance contracts, subsidies, or assistance granted by the State or by any public legal person shall not be deemed as vessel appurtenances or freight.