Advanced Maritime Services located the wreckage, and by October 2017, Argentum Exploration had contracted to salvage the precious cargo. Although initially believed to be owned by the U.K. government, South Africa officially claimed the silver in 2018, which led to a complex legal battle over the entitlement to salvage rights.
South Africa Immune To Sunken WWII Silver Salvage Claim: Supreme Court’s Rationale and Implications
Justice Lloyd-Jones further elaborated that the mere arrangement of transportation does not equate to commercial use, a sentiment echoed by South Africa’s legal representation. This decision provides significant assurance to governments worldwide about the secure transport of valuable goods without the fear of salvage claims.
Jonathan Goulding, representing South Africa, expressed satisfaction with the ruling, emphasizing its impact on global transport security. “The court has firmly sent a message to those hoping to find and claim ownership of lost treasure that finders are not always keepers,” Goulding remarked.
South Africa Immune To Sunken WWII Silver Salvage Claim: Legal Representatives and Their Roles
South Africa’s legal interests were defended by a team from Essex Court Chambers and HFW LLP. Conversely, Argentum’s legal team, led by 7 King’s Bench Walk and 3 Verulam Buildings, faces a setback as their claim for a salvage award, contingent upon disproving South Africa’s ownership, was dismissed.
Conclusion
The U.K. Supreme Court’s decision in the case of Argentum Exploration Ltd. v. Republic of South Africa is a pivotal moment in maritime law, particularly in the realms of sovereign immunity and the rights of salvage in international waters. The ruling not only clarifies the non-commercial status of goods in transit but also reinforces the protections afforded to sovereign entities under international law.