Glossary
Lagan
Tags: Glossary,
Goods or cargo that are thrown overboard with the intention of later recovery.
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What is Lagan?
In the context of shipping, lagan refers to goods or cargo that have been lost or thrown overboard from a ship and subsequently sink to the bottom of the sea or river. Lagan goods may include items such as timber, equipment, or even treasure. Lagan goods may be considered abandoned property and may be subject to legal rights of salvage by divers or others who recover the cargo from the sea or river. The rights of salvage are usually governed by laws and regulations that vary depending on the jurisdiction and location of the lagan.
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