👉 In maritime law, a "shipwreck" refers to an incident where a vessel sinks or capsizes due to natural disasters such as storms, hurricanes, icebergs, waves, etc. The term is used in maritime accidents and incidents related to ships. A shipwreck can be defined as the loss of life or substantial damage to property on board a ship that has been damaged or destroyed by an accident, whether caused by human error or natural causes such as storms, floods, iceber
