Consortship
Black's Law Dictionary · Henry Campbell Black, M.A. · 1910
Black's Law Dictionary
In maritime law
An agreement or stipulation between the owners of different vessels that they shall keep in company, mutually aid, instead of interfering with each other, in wrecking and salvage, and share any money awarded as salvage, whether earned by one vessel or both.
Andrews v. Wall, 3 How. 571, 11 I. Ed. 729.