Information about Lloyd's Open Form (LOF). LOF provides a regime for determining the amount of remuneration to be awarded to salvors for their services in saving property at sea and minimising or preventing damage to the environment.
Access details of recent Lloyd's Open Form (LOF) cases.
Pictures showing examples of Lloyd's Open Form (LOF) cases.
How to provide salvage security; guarantees and cash deposits.
Details of the Fixed Cost Arbitration Procedure (FCAP), which limits the costs of arbitration.
Information about SCOPIC, introduced in 1999 to be used in conjunction with Lloyd's Form of Salvage Agreement. Download the SCOPIC Clause, its appendices, Codes of Conduct, guarantee wording, and access the list of Special Casualty Representatives (SCRs).
Find contacts for people involved in Lloyd's Open Form (LOF) matters.
The LOF Digest summarises the legal issues that arise from LOF Arbitrations. Arbitrators' Awards are published only to the parties involved in an Arbitration hearing, thus maintaining confidentiality. The LOF Digest therefore offers valuable information not only to those with a general involvement in LOF matters, but also to those simply interested in the law related to salvage.
Table of statistics for Lloyd's Open Form (LOF). Includes number of cases, settlements, awards and other information since 1990.