(1) Pursuant to section 596 (1) no. 4, the creditor of a claim to a salvage reward, to special compensation, or to reimbursement of the costs of salvage enjoys, for purposes of their claim, the same rights as a maritime lienor of the salved ship.
(2) The creditor also has a lien on other salved assets in order to secure their claim to a salvage reward or to reimbursement of the costs of salvage; if the creditor is the sole possessor of the property, then it will also have a right of retention.
(3) The creditor will be barred from enforcing the lien or exercising the right of retention granted pursuant to subsections (1) or (2) in any of the following situations:
1. when satisfactory security for the creditor’s claim, including interest and costs, has been duly tendered or provided;
2. in cases in which the salved ship or other salved property is owned by a State or, in the case of a ship, in cases in which it is operated by a State, and if the ship or other property serves non-commercial purposes and, at the time of salvage measures, is entitled to sovereign immunity under generally recognized principles of international law;
3. if the salved cargo is a humanitarian cargo donated by a State, provided such State has agreed to defray the cost of salvage services for such cargo.