What is a place of refuge?

MCA Oral Exam Questions

IMO Resolution A. 949(23) - Guidelines on Places of Refuge for Ships in Need of Assistance - defines it as a place where a ship in need of assistance can take action to enable it to stabilize its condition and reduce the hazards to navigation, and to protect human life and the environment. It is, for example, a sheltered coastal place to which a ship which has suffered a structural failure may be escorted to by a salvor in order for a salvage and pollution-control operation to take place in relatively calm conditions. IMO is urging coastal States to designate places of refuge on their coasts.