A recent case confirms that what we learned in the school yard in fifth grade about “finders keepers” is not true at sea.

A valuable U.S. government data buoy detached from its mooring anchor at sea in January 2016, bringing to surface ancient maritime law of abandonment, salvage awards and finders keepers. The buoy was engaged in a multinational collaborative project called “Coordinated Canyon Experiment,” gathering data on sediment movement during underwater avalanches and turbidity currents. It was discovered floating free five miles off the coastline of Monterey Bay, Calif., by a fishing vessel whose captain snagged it and took the catch aboard, claiming “finders keepers.”

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